New York (CNN) -- Former International Monetary Fund chief Dominique Strauss-Kahn was granted bail Thursday after being indicted on charges related to the alleged assault of a maid in his New York hotel Saturday.





"It's a great relief to the family to be able to have him with them," defense attorney Bill Taylor said to reporters outside the courtroom. He said his client would spend Thursday night at the jail on Rikers Island before being released Friday. The next court appearance, an arraignment, is slated for June 6.





Supreme Court Judge Michael Obus granted the bail on the condition that Strauss-Kahn post $1 million in cash, that he also post a bond for $5 million, that he surrender his travel documents and that he submit to home detention.





The announcement came shortly after his indictment on seven criminal charges was announced. They are: two counts of criminal sexual act, two counts of sexual abuse, and one count each of attempt to commit rape, unlawful imprisonment and forcible touching.





In the charge of criminal sexual act in the first degree, Strauss-Kahn is accused of having "engaged in oral sexual conduct with an individual ... by forcible compulsion," the indictment says.





"Under American law, these are extremely serious charges," Manhattan District Attorney Cyrus Vance told reporters outside the courtroom. "The defendant was indicted on all the charges presented to the grand jury," he said.





Strauss-Kahn resigned from his IMF post on Wednesday.





As he entered the courtroom for the bail hearing, he looked at his wife, seated in the front row, and smiled.





Strauss-Kahn on Monday had been denied bail, with the criminal court judge saying his attempt to leave the country after the alleged incident made him a flight risk. His lawyer argued Thursday that Strauss-Kahn had been scheduled to leave New York and fly to Paris on Saturday using a ticket he had bought on May 11.





Taylor said Strauss-Kahn had called the Sofitel hotel from John F. Kennedy International Airport to locate his cell phone, which he had left in the hotel, then called a second time as his plane was boarding to request that its delivery be hastened. Instead, police at the airport took him into custody.





Taylor noted that his client resigned his position as IMF chief on Wednesday, and had surrendered his passport and a U.N.-issued travel document.





"In our view, no bail is required," the lawyer said. "He has one interest at this time and that is to clear his name."





Taylor added that Strauss-Kahn had agreed to live with his wife in an apartment in Manhattan after his release.





Prosecutor John McConnell argued the high-profile economist had no right to bail. "While there is presumption of innocence, the proof is substantial and it is growing every day," he said, adding that the forensic evidence is consistent with an attack and the alleged victim has identified Strauss-Kahn as her attacker.





McConnell noted that France does not extradite its own nationals, and said Strauss-Kahn's departure on Saturday from the hotel was in haste, suggesting "something went on in that hotel room."





For his part, Obus said he was solely concerned about ensuring Strauss-Kahn returns to face charges. "We don't want his money," he said. "We just want to make sure he comes back. He has resources to live comfortably in his own country."





As the hearing recessed, Strauss-Kahn blew his wife a kiss.





Meanwhile, Strauss-Kahn's alleged victim, a 32-year-old Guinean maid for the Sofitel hotel, testified before the grand jury on Wednesday, according to an attorney representing her.





"If you've had any experience with someone who has been traumatized by sexual assault, reliving it in your mind is hard enough," attorney Jeffrey Shapiro said on CNN's "American Morning" Thursday. "Having to recount it, even to a therapist, is difficult, much less having to talk about it on the record in front of
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