Senator Demands IMF Chief Dominique Strauss-Kahn’s Resignation

By John R Parkinson

May 18, 2011 4:19pm

ABC News’ John R. Parkinson (@JRPabcDC) reports:

Sen. Mark Kirk, R-Illinois, went to the Senate floor Wednesday afternoon to call for the resignation of the International Monetary Fund’s embattled managing director, Dominique Strauss-Kahn, who is facing multiple charges of sexual assault.

 “The criminal allegations against Mr. Strauss-Kahn are alarming and undermine the confidence in the institution at a critical juncture of our economic history,” Kirk, a member of the Banking committee, said. “Mr. Strauss-Kahn has forfeited our confidence and should resign or be fired from his position at the IMF.”

Kirk suggested that the IMF’s deputy managing director John Lipsky “should assume full responsibility of the IMF” and called for a process to determine a permanent replacement to “commence at once.”

“I encourage the United States executive director to the IMF, Meg Lundsager, to strongly advocate for Mr. Strauss-Kahn’s resignation or termination, and aid in the search for a more worthy replacement,” Kirk said.

Strauss-Kahn, 62, is accused of forcing a NYC hotel housekeeper to perform oral sex and submit to anal sex. He is also accused of sexual assault and attempted rape.

Kirk, who is in his first term in the Senate, added his anxiety over controversial bailouts of European governments — including Greece, Ireland and Portugal — that over the last two years during the European debt crises Strauss-Kahn had presided over.

“I remain especially concerned about the U.S. taxpayer share of funding these European bailouts and the American taxpayer’s exposure to new sovereign risks,” Kirk added. “While I have questions about the actions taken by the IMF to handle this debt crisis, the institution’s role in the global financial system requires strong leadership.” 

You are using an outdated version of Internet Explorer. Please click here to upgrade your browser in order to comment.
blog comments powered by Disqus