The International Monetary Fund will not be reimbursing Dominique Strauss-Kahn for his infamous stay in a luxury Sofitel suite where he allegedly sexually assaulted a chambermaid, according to a report in the Times of India and information provided to the press from IMF.

The company normally covers all business-related hotel expenses, but IMF has determined that Strauss-Kahn was staying at the hotel on private business, as Sofitel is not on the approved list of business hotels. The maximum permissible hotel rate for IMF's staff in New York City is $386 a night. Multiple, conflicting reports suggest that the cost of the room could be anywhere between $500 to $3,000 per night.

IMF, a Washington-based financial institution whose mission is to ensure global economic security, updated press lines on its website to address questions about Strauss-Kahn's hotel expenditures: IMF staff have clear rules for where [staff] may stay and how much they may pay on official travel, with an established system of preferred hotels and set rates, negotiated centrally. The Sofitel is not on the list of New York hotels, which are generally standard business hotels...The Managing Director was staying in New York on private business. As such, he pays out of his own pocket for hotels.