IMF postpones board meeting on Strauss-Kahn arrest

Last Updated: Monday, May 16, 2011 - 09:16

Washington: The International Monetary Fund has postponed until Monday its executive board meeting in the wake of the arrest in New York of managing director Dominique Strauss-Kahn.

"The tentatively scheduled informal briefing of the
executive board has been postponed pending further
developments in New York," IMF spokesman William Murray said
in a statement yesterday.

He did not offer any details.
Strauss-Kahn was arrested yesterday and charged with a sexual assault and attempted rape on a chambermaid in the
luxury Sofitel hotel in New York, near Times Square.

The 62-year-old IMF chief was expected to be arraigned
before a New York judge later Sunday.

The IMF announced earlier that John Lipsky, its first
deputy managing director, had been appointed acting managing
director while Strauss-Kahn was outside Washington.
It also said that Nemat Shafik, the deputy managing
director who oversees the IMF`s work in several European Union
countries, will attend Monday`s Eurogroup meeting in Brussels
instead of Strauss-Kahn.

PTI



First Published: Monday, May 16, 2011 - 09:16

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