Ex-IMF leader accused of sexual assault released on bailPosted: Updated:
(AP) - Dominique Strauss-Kahn has been released from aNew York City jail. The former head of the International Monetary Fund posted $1million cash and $5 million bond Friday. The city Department of Correction said in a statement at 5:15p.m. that he was no longer on Rikers Island. He was released intocustody of the security company that will be monitoring his housearrest. Strauss-Kahn will be housed in lower Manhattan after his initialarrangement hit a snag. Prosecutors say objections from within theapartment building where he was initially to stay. Armed guards will watch over him. He will also be monitoredelectronically. The 62-year-old Strauss-Kahn has been jailed since Sunday afterhe was accused of trying to rape a maid at a Manhattan hotel. He resigned his post at the IMF Wednesday.
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