News / Economy

US Finance Official Calls for Interim IMF Chief

US Treasury Secretary Timothy Geithner
US Treasury Secretary Timothy Geithner
TEXT SIZE - +

U.S. Treasury Secretary Timothy Geithner has urged the International Monetary Fund to formally appoint an interim leader while IMF chief Dominique Strauss-Kahn of France is held in New York on allegations of attempted rape and other crimes.

In a New York speech Tuesday, Geithner became the latest of several international finance officials to speak out about Strauss-Kahn and the future of the IMF.

Austrian Finance Minister Maria Fekter said Strauss-Kahn should quit to avoid damaging the IMF.  Spanish Finance Minister Elena Salgado said her sympathies are with the woman who was allegedly assaulted.

Officials in China and Brazil suggest that the next IMF leader come from outside Europe.  German Chancellor Angela Merkel says world leaders should not pre-judge Strauss-Kahn.  But she added that Europe has good candidates available to take his place.

Strauss-Kahn is accused of sex crimes including attempting to rape a maid at a luxury hotel in New York.  He denies the charges.

Strauss-Kahn is in a New York City jail cell, where officers are taking precautions to prevent suicide.  A New York judge denied bail for Strauss-Kahn, saying he might flee to avoid trial.  He is due back in court on Friday.

Strauss-Kahn has weathered past scandals. In 2008 he apologized for what he termed an "error in judgment" for an affair with one of his subordinates.  Also, a lawyer for French writer Tristane Banon says she may make a legal complaint against Strauss-Kahn, claiming he sexually assaulted her in 2002.

News reports say Strauss-Kahn was considering running for president in France.  The allegations, and pictures of Strauss-Kahn in handcuffs, shocked people in his native country, where such pictures are banned until and unless someone is convicted of a crime.

Some information for this report was provided by AP, AFP and Reuters.

You May Like

India, China Pledge to Overcome Border Tensions

Indian prime minister and Chinese premier attempt to move past tense standoff in the Himalayas during Delhi talks More

Burmese President Opens US Visit with VOA Town Hall Meeting

Ahead of his meeting with President Obama Monday, Thein Sein answered questions on human rights and economic development in his country More

Video Washington Week: Focus on Burma, US Government Scandals

President Thein Sein visits the White House on Monday, Congressional probes of multiple scandals are continuing More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Video

Video Boston Bomber Spent 6 Months in Russia’s Most Violent Republic

The news of the Boston Marathon bombings circled the globe, and resonated here in Dagestan, a majority Muslim republic in Russia, on the shores of the Caspian Sea. Last year, Tamerlan Tsarnaev, the older of two brothers suspected of the bombings and a long-time Boston resident, returned to Dagestan, where he had lived for a year during his youth. Dagestan was the land of his maternal ancestors. But in the last two years, this republic of 3 million people has gained notoriety as the region with the highest level of political and religious violence in all of Russia. VOA's James Brooke reports from Makhachkala, Russia.

World Currencies

EUR
USD
0.7661
JPY
USD
99.249
GBP
USD
0.6510
CAD
USD
1.0118
INR
USD
54.524

Rates may not be current.