Strauss-Kahn granted $1 million bail
Dominique Strauss-Kahn was granted bail by a New York judge on Thursday, and the former IMF chief has vowed to fight charges that he tried to rape a hotel maid in Manhattan.
New York State Supreme Court Judge Michael Obus said that Strauss-Kahn, 62, can be released on $1 million cash bail, and placed under 24-hour home detention with electronic monitoring — conditions that had been proposed by his lawyers.
The judge also said Strauss-Kahn must have one armed guard at all times at his own expense and have a $5 million insurance bond.