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| Version 1 | Version 2 |
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| IMF to investigate its director | IMF to investigate its director |
| (10 minutes later) | |
| The International Monetary Fund (IMF) is investigating whether its French director abused his power in an alleged relationship with a subordinate. | The International Monetary Fund (IMF) is investigating whether its French director abused his power in an alleged relationship with a subordinate. |
| The IMF said the inquiry was instigated by a long-serving governing board member, Shakour Shaalan of Egypt. | The IMF said the inquiry was instigated by a long-serving governing board member, Shakour Shaalan of Egypt. |
| In a statement Mr Strauss-Khan said he was co-operating with the inquiry but denied abusing his power, according to Reuters news agency. | In a statement Mr Strauss-Khan said he was co-operating with the inquiry but denied abusing his power, according to Reuters news agency. |
| It comes as the world grapples with the worst financial crisis for decades. | It comes as the world grapples with the worst financial crisis for decades. |
| The investigation is believed to centre on whether Mr Strauss-Kahn had a relationship with Piroska Nagy, until recently a senior IMF official. | |
| It is to examine whether she got a larger severance package than would otherwise have been expected when she left the organisation in August. | |
| The investigation is also looking at whether she was put under pressure to leave her job. | |
| The IMF is currently receiving an increased number of requests for help from countries seeking to ease the effects of the global financial crisis. |