IMF Still Alive after Director Strauss-Kahn's Arrest

The International Monetary Fund is functioning properly, notwithstanding the arrest of its director Dominique Strauss-Kahn, reads a special release.

Sunday Strauss-Kahn was arrested and charged with sexual assault by the prosecution in New York.

"The IMF is fully functioning and active," said an IMF spokesman later on during the day.

Strauss-Kahn was detained in New York over allegations he has sexually attacked a maid in a hotel.

He is said to have exited his hotel bath naked and impressed himself upon the maid, who had just come to clean his room at the Sofitel.

After the incident, Strauss-Kahn left for the JFK airport, where he was detained upon a signal by the attacked woman.

His lawyer has already stated his client will plead innocent. Dominique Strauss-Kahn, 62, is a leading Socialist politician from France, who was expected to run against incumbent Nicholas Sarkozy in 2012.

His professional background is in economics and law. He has served as Finance Minister of France and since 2007 - as the managing director of the International Monetary Fund.

A source from the French Socialist Party stated this is a case of a well-staged campaign to discredit Strauss-Kahn.

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