Strauss-Kahn Sent to Rikers Island

BBC reports:

IMF chief Dominique Strauss-Kahn has been remanded in custody at New York's notorious Rikers Island jail on charges of sexual assault.

The judge said Mr Strauss-Kahn, 62, was a flight risk. He was arrested on Saturday after boarding a plane and accused of trying to rape a hotel maid.

He faces seven charges and could be sentenced to up to 25 years in prison.

Mr Strauss-Kahn, who had been seen as a favourite in France's 2012 presidential elections, denies the charges.

His lawyer expressed disappointment at bail being denied, but said his client would be exonerated.

"This battle has just begun," defence lawyer Benjamin Brafman told the court.

Mr Strauss-Kahn had been due to attend an EU finance ministers' meeting in Brussels to discuss financial bail-outs.

The IMF has played a central role in organising rescue packages for the troubled economies of Portugal and Greece.

The BBC's Chris Morris in Brussels says the IMF chief has gained the trust of countries in Europe which are giving financial assistance, and those which are receiving it.

The European Union says the scandal should not affect bail-outs for eurozone countries.

Jean-Claude Junker, the Luxembourg prime minister said: "I am very sad and upset. He is a friend of mine... Mr Strauss-Kahn is in the hands of American justice, it's not up to us to comment on this, but it makes me deeply, deeply sad."

French Finance Minister Christine Lagarde described Mr Strauss-Kahn's predicament was "crushing and painful".