Skip to main content

Disgraced former IMF chief Strauss-Kahn joins Ukrainian bank

Philippe Huguen, AFP | Former IMF chief Dominique Strauss-Kahn arrives in the northern French city Lille on February 17, 2015

Disgraced former IMF chief Dominique Strauss-Kahn has been appointed to the supervisory board of a bank owned by Ukraine's second-richest businessman Viktor Pinchuk.


Kiev's Kredit-Dnipro Bank said the decision to accept Strauss-Kahn and five others to the advisory body was taken on Monday and goes into immediate effect.

It added that Strauss-Kahn would serve as an independent committee member who does not represent shareholders' interests.

Pinchuk is the son-in-law of former Ukrainian president Leonid Kuchma and is believed to have holdings worth $1.43 billion (1.29 billion euros), according to Forbes magazine.

Strauss-Kahn led the International Monetary Fund from 2007 until his forced 2011 resignation over rape charges in a New York hotel.

The scandal derailed the Frenchman's presidential ambitions even though it was later dismissed in court.

Straus-Kahn made one of his first post-resignation public appearances in Kiev when he spoke to students on the personal invitation of Pinchuk.


This page is not available

The page no longer exists or did not exist at all. Please check the address or use the links below to access the requested content.