BREAKING NEWS

Strauss-Kahn held by French police in prostitution probe

By REUTERS

FEBRUARY 21, 2012 14:02

LILLE, France - Former IMF chief Dominique Strauss-Kahn was taken in for questioning on Tuesday by police investigating an alleged prostitution ring run out of the northern French city of Lille.

A former finance minister once seen as a strong contender for France's 2012 presidential election, Strauss-Kahn's career and political ambitions came to an abrupt end last May after he was accused of sexually assaulting a New York hotel maid.

Strauss-Kahn made no comment to a crush of waiting reporters and photographers as he arrived by car for questioning at a Lille police station

Strauss-Kahn can be held for up to 48 hours and may then be placed under formal investigation for benefiting from misappropriated company funds. Investigators are trying to find out whether French executives used corporate expense accounts to fund sex parties with prostitutes.

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