BREAKING NEWS

Strauss-Kahn faces questioning in French prostitution probe

PARIS - Former IMF chief Dominique Strauss-Kahn faces a second day of questioning by police on Wednesday after spending a night in prison over allegations of dealings with a prostitution ring run from the northern French city of Lille.
Strauss-Kahn, a former finance minister seen as a strong contender for France's 2012 presidential election until a sexual assault case in New York last May brought his ambitions to an abrupt halt, could be held until Thursday morning.
The investigation is focused on allegations that a prostitution ring supplied clients of Lille's luxury Carlton Hotel. Police want to establish whether Strauss-Kahn knew that women at parties he attended in Paris and Washington were prostitutes.
He could be deemed free of suspicion, or may be placed under formal investigation for benefiting from misappropriated company funds if investigators conclude that he attended sex sessions with prostitutes that company executives used expense accounts to pay for.