International Monetary Fund Dominique Strauss-Kahn was released on a €100,000 bail last night.

Former IMF head told he faced further questioning over 'complicity in aggravated and organised prostitution'.
A French judge has charged the former head of the International Monetary Fund Dominique Strauss-Kahn over his alleged links with a prostitution ring, the Guardian says.

In a surprise hearing – two days before he had been officially summoned – the veteran French politician was placed under formal investigation and told he faced further questioning on charges of "complicity in aggravated and organised prostitution" and "misuse of company assets".

The former head of the International Monetary Fund – who quit his post last year over charges, later dropped, alleging he sexually assaulted a hotel maid in New York – denies a charge of "aggravated procurement in an organised gang".
Mr Strauss-Kahn was released on a €100,000 (£83,000) bail last night. He is understood to have admitted that he attended orgies in what has been dubbed the "Carlton Affair", named after the hotel in which the sex parties took place. But Mr Strauss-Kahn maintains that he was unaware prostitutes were involved, reports the Independent.

The case also revolves around suspicions that some of his business associates were among those running the ring and were misusing corporate funds while doing so.