IMF chief resigns

NEW YORK, (Reuters) – Dominique Strauss-Kahn has  resigned as head of the International Monetary Fund, saying he  needs to devote all his energy to fight charges that he sexually  assaulted a hotel maid.
Strauss-Kahn’s arrest in New York on Saturday dashed his  prospects of running for the French presidency in 2012 and has  sparked debate over the 65-year-old tradition that a European is  appointed as head of the Washington-based global lender.
“I deny with the greatest possible firmness all of the  allegations that have been made against me,” Strauss-Kahn said  in a resignation letter released by the IMF and dated May 18.
“I want to devote all my strength, all my time, and all my  energy to proving my innocence.”
Later on Thursday, the former French finance minister was to  make his second request to be released on $1 million cash bail  and placed under 24-hour house arrest until his trial on charges  of attempting to rape a hotel maid, his lawyers said.