IMF Executive Board holds informal meeting in Washington

Washington, May 17: The Executive Board of the International Monetary Fund (IMF) held an informal meeting at its headquarters in Washington on Sunday, May 15 to discuss the fallout of the arrest of its Managing Director, Dominique Strauss-Kahn, on rape charges in New York.

"The Executive Board convened this afternoon in an informal session to receive a verbal report from senior Fund officials, including John Lipsky, Acting Managing Director, and Sean Hagan, the fund's General Counsel, on developments related to Managing Director Dominique Strauss-Kahn," IMF spokeswoman Caroline Atkinson, said.

"The Board was briefed regarding criminal charges that have been brought against the Managing Director during a private visit to New York City," she said. "The IMF and its Executive Board will continue to monitor developments," Atkinson added.

PTI