Dominique Strauss-Kahn has resigned from his position as chief of the International Monetary Fund (IMF) today following his arrest on Saturday on suspicion of the attempted rape of a maid in a Manhattan hotel.
Strauss-Khan informed the IMF's Executive Board of his intention to resign as Managing Director with immediate effect according to a news release.
"It is with infinite sadness that I feel compelled today to present to the Executive Board my resignation from my post of Managing Director of the IMF," Strauss-Kahn said in a letter to the Board.
"I think at this time first of my wife—whom I love more than anything—of my children, of my family, of my friends. I think also of my colleagues at the Fund; together we have accomplished such great things over the last three years and more.
In the letter, Strauss Khan denied that the multiple allegations of sexual assault that were brought against him on Monday. He is currently being held in protective custody at New York's Rikers Island prison facility awaiting his hearing on Friday.
"To all, I want to say that I deny with the greatest possible firmness all of the allegations that have been made against me. I want to protect this institution which I have served with honor and devotion, and especially—especially—I want to devote all my strength, all my time, and all my energy to proving my innocence."
In the press release issued by the IMF it was indicated that the fund will communicate in the near future on the Executive Board's process of selecting a new Managing Director.
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