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In full: Dominique Strauss-Kahn's letter of resignation to the IMF

The head of the IMF has quit amid allegations of sexual assault and attempted rape. Read his full statement to the organisation here.

THE IMF HAS confirmed Dominique Strauss-Kahn’s intention to step down as managing director of the fund with immediate effect. Here’s his formal letter of resignation:

“Ladies and Gentlemen of the Board:

It is with infinite sadness that I feel compelled today to present to the Executive Board my resignation from my post of Managing Director of the IMF.

I think at this time first of my wife—whom I love more than anything—of my children, of my family, of my friends.

I think also of my colleagues at the Fund; together we have accomplished such great things over the last three years and more.

To all, I want to say that I deny with the greatest possible firmness all of the allegations that have been made against me.

I want to protect this institution which I have served with honor and devotion, and especially—especially—I want to devote all my strength, all my time, and all my energy to proving my innocence.

Dominique Strauss-Kahn”

The IMF has also said that the fund will “communicate in the near future on the Executive Board’s process of selecting a new Managing Director”. John Lipsky will remain on as acting managing director in the meantime.