In a hearing at New York's Supreme Court, Dominique Strauss-Kahn was granted bail and released from the Rikers Island prison facility on Thursday.

During the verdict, the judge mentioned that Strauss-Kahn will pay $1 million upfront, provide a guarantee for a further $5 million and cover the expense of his own security, which was estimated at $200,000 a week and include an armed guard at all times.

Ousted IMF chief Dominique Strauss-Kahn will pay $1 million for release from jail on bail Friday and then spend more than $200,000 a month for armed guards to watch him 24/7 at a luxury Manhattan apartment, the Supreme Court judge ordered.

The 62-year old former IMF Chief has been charged for the alleged sexual attack of a 32-year-old maid in his hotel room. However, his defenders have strongly tried to maintain that he has been framed by his adversaries.

His wife and friends have rejected the charges against him. Ann Sinclair, his wife, stated that she does not believe for a second that Strauss-Kahn did what he was charged with.

I don't believe for one second the accusations made against my husband. I have no doubt that his innocence will be established, she said.

Get a glimpse of Ann Sinclair and his daughter Camille Strauss-Kahn below following the court hearing.