Strauss-Kahn granted $6m bail but is forced to stand down from IMF

Wife posts seven-figure bond to free former banking chief as he vows to clear his name

Dominique Strauss-Kahn pledged to devote "all my strength, all my time, and all my energy" to defending himself against the attempted rape charges that have now been formally laid against him in the US.

The French political grandee was last night granted bail and told he could await trial under house arrest at a private Manhattan apartment. His wife, Anne Sinclair, and one of his daughters travelled to court to support him.

Earlier in the day, he had paid tribute to his family in an emotional letter announcing his resignation as head of the International Monetary Fund. Meanwhile, the contours of French politics and international finance were already reconfiguring to close the hole caused by his absence.

Mr Strauss-Kahn was charged with attacking a 32-year-old maid at his Manhattan hotel suite on Saturday. The West African immigrant told police that he chased her down a hallway, forced her to perform oral sex and tried to remove her stockings, and a grand jury decided yesterday that there was enough evidence to pursue the case against him.

The seven charges against him include attempted rape, sex abuse, a criminal sex act, unlawful imprisonment and forcible touching, the most serious of which carries a 25-year sentence.

The 62-year-old "intentionally and for no legitimate purpose forcibly touched the sexual and other intimate parts of an individual known to the grand jury, for the purpose of degrading and abusing said individual and for the purpose of gratifying the defendant's sexual desire", according to the criminal complaint.

Ms Sinclair has rented an apartment in the city and agreed to post a $1m (£615,871) bail bond. Under the bail terms, there will also be a $5m insurance bond against the couple's properties, and Mr Strauss-Kahn will be forced to wear an electronic tag and hire an armed guard for the apartment.

Ms Sinclair, Mr Strauss-Kahn's third wife and a powerful former television journalist in France, said this week she did not believe the allegations. She has stood by him through previous infidelities, including his 2008 affair with an IMF staffer

Mr Strauss-Kahn had listened as Assistant District Attorney Artie McConnell argued against granting bail.

In the end his own defence team prevailed, but if the paperwork is not signed until later today, as indicated in court, he faces an additional night at the Rikers Island jail, in conditions that could hardly be further from those at the $3,000-a-night Sofitel hotel suite which was the scene of his downfall. He has been housed alone in a 13ft-by-11ft cell, and kept on suicide watch.

In his emotional letter of resignation to the IMF, his first public comments since being pulled off a flight about to leave New York's JFK airport on Saturday, Mr Strauss-Kahn said he denied the allegations "with the greatest possible firmness".

He said: "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.

"I want to protect this institution which I have served with [honour] and devotion, and especially I want to devote all my strength, all my time, and all my energy to proving my innocence."

The IMF, which has been deeply involved in planning and funding the bailouts of Greece and Portugal, said it would shortly set out on a search for a successor.

The resignation had appeared inevitable as international political figures had piled on pressure for a resolution. On Wednesday, the US Treasury Secretary, Tim Geithner, said the Frenchman was "obviously not in a position to run the IMF". Sources said he came under no pressure from within the Fund, however.

Mr Strauss-Kahn's former deputy and now the IMF's acting director, John Lipsky, was in Washington yesterday at a meeting of the Bretton Woods group, an advisory group to the Fund and the World Bank.

"I deeply regret the circumstances that have made it necessary for me to substitute for Dominique Strauss-Kahn," he said.

Meanwhile, in France, pollsters have begun assessing the likely impact of Mr Strauss-Kahn's disappearance from the political scene – and they revealed that the former IMF chief's Socialist Party remains on track to oust President Nicolas Sarkozy in next year's election.

Have you tried new the Independent Digital Edition apps?
ebooksAn unforgettable anthology of contemporary reportage
peopleStella McCartney apologises over controversial Instagram picture
Arts and Entertainment
Hayley Williams performs with Paramore in New York
musicParamore singer says 'Steal Your Girl' is itself stolen from a New Found Glory hit
Ronaldinho signs the t-shirt of a pitch invader
footballProof they are getting bolder
William Hague
people... when he called Hague the county's greatest
indybestKeep extra warm this year with our 10 best bedspreads
More than 90 years of car history are coming to an end with the abolition of the paper car-tax disc
newsThis and other facts you never knew about the paper circle - completely obsolete today
voicesBy the man who has
Arts and Entertainment
Ed Sheeran performs at his Amazon Front Row event on Tuesday 30 September
musicHe spotted PM at private gig
Arsene Wenger tried to sign Eden Hazard
footballAfter 18 years with Arsenal, here are 18 things he has still never done as the Gunners' manager
people'I’d rather have Fred and Rose West quote my characters on childcare'
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

Associate Recrutiment Consultant

£18000 - £23000 per annum + Uncapped OTE: SThree: SThree Group have been well ...

Trainee Recruitment Consultant

£18000 - £23000 per annum + OTE: SThree: Real Staffing Group is seeking Traine...

Year 6 Teacher (interventions)

£120 - £140 per day: Randstad Education Leeds: We have an exciting opportunity...

PMLD Teacher

Competitive: Randstad Education Manchester: SEN Teacher urgently required for ...

Day In a Page

Ebola outbreak: The children orphaned by the virus – then rejected by surviving relatives over fear of infection

The children orphaned by Ebola...

... then rejected by surviving relatives over fear of infection
Pride: Are censors pandering to homophobia?

Are censors pandering to homophobia?

US film censors have ruled 'Pride' unfit for under-16s, though it contains no sex or violence
The magic of roundabouts

Lords of the rings

Just who are the Roundabout Appreciation Society?
Why do we like making lists?

Notes to self: Why do we like making lists?

Well it was good enough for Ancient Egyptians and Picasso...
Hong Kong protests: A good time to open a new restaurant?

A good time to open a new restaurant in Hong Kong?

As pro-democracy demonstrators hold firm, chef Rowley Leigh, who's in the city to open a new restaurant, says you couldn't hope to meet a nicer bunch
Paris Fashion Week: Karl Lagerfeld leads a feminist riot on 'Boulevard Chanel'

Paris Fashion Week

Lagerfeld leads a feminist riot on 'Boulevard Chanel'
Bruce Chatwin's Wales: One of the finest one-day walks in Britain

Simon Calder discovers Bruce Chatwin's Wales

One of the finest one-day walks you could hope for - in Britain
10 best children's nightwear

10 best children's nightwear

Make sure the kids stay cosy on cooler autumn nights in this selection of pjs, onesies and nighties
Manchester City vs Roma: Five things we learnt from City’s draw at the Etihad

Manchester City vs Roma

Five things we learnt from City’s Champions League draw at the Etihad
Martin Hardy: Mike Ashley must act now and end the Alan Pardew reign

Trouble on the Tyne

Ashley must act now and end Pardew's reign at Newcastle, says Martin Hardy
Isis is an hour from Baghdad, the Iraq army has little chance against it, and air strikes won't help

Isis an hour away from Baghdad -

and with no sign of Iraq army being able to make a successful counter-attack
Turner Prize 2014 is frustratingly timid

Turner Prize 2014 is frustratingly timid

The exhibition nods to rich and potentially brilliant ideas, but steps back
Last chance to see: Half the world’s animals have disappeared over the last 40 years

Last chance to see...

The Earth’s animal wildlife population has halved in 40 years
So here's why teenagers are always grumpy - and it's not what you think

Truth behind teens' grumpiness

Early school hours mess with their biological clocks
Why can no one stop hackers putting celebrities' private photos online?

Hacked photos: the third wave

Why can no one stop hackers putting celebrities' private photos online?