Dominique Strauss-Kahn has resigned as head of the IMF according to a statement issued late on Wednesday by the global finance body.
Strauss-Kahn, who faces charges of sexual assault and attempted rape in New York, said in his resignation letter: “I deny with the greatest possible firmness all of the allegations that have been made against me.”
He added: “I will devote all my strength, all the time, and all my energy to proving my innocence.”
John Lipsky has been appointed by the board of directors as the interim head of the IMF and will replace Strauss-Kahn at the G8 summit in Deauville on May 26.
