Former International Monetary Fund chief Dominique Strauss-Kahn has been cleared of aggravated pimping and involvement in a prostitution ring by a court in Lille, France.
In February the state prosecutor called for the 66 year-old to be acquitted of charges that he instigated sex parties with prostitutes because of a lack of proof.
It comes four years after separate sex assault accusations by a New York hotel maid ended Strauss-Kahn's ambitions to become president of France.
A French prosecutor has asked a criminal court to acquit former International Monetary Fund chief Dominique Strauss-Kahn of a pimping charge.
Strauss-Kahn, 65, faced charges in France of aggravated pimping and involvement in a prostitution ring operating out of luxury hotels.
Strauss-Kahn says he took part in "libertine" activities but insists he never knew the women involved were sex workers.
Strauss-Kahn consistently maintained that he had not organised the parties himself - both of which would have to be proved for a conviction.
Dominique Strauss-Kahn has taken the witness stand to testify about his alleged role in sex parties with prostitutes, saying the frequency of the evenings had been wildly exaggerated.
"When you read the criminal complaint you get the impression it was this frenetic activity," Strauss-Kahn told the court.
"But it was four times a year, not more than that. It wasn't this out-of-control activity."
The 65-year-old former head of the International Monetary Fund is accused of instigating about a dozen parties he knew involved prostitutes between 2008-2011 in the northern French city of Lille, Washington, Brussels and Paris.
Feminist activists threw themselves on Dominique Strauss-Kahn's car in protest as the ex-IMF chief arrived at court to testify over his alleged role in sex parties with prostitutes.
Several topless protesters from the FEMEN group wore slogans painted in black on their chests and torsos as they tried to climb onto the vehicle, before police pulled them away.
Strauss-Kahn, 65, is accused of instigating parties he knew involved prostitutes between 2008-2011 in the northern French city of Lille, Washington DC, Brussels and Paris.
Allegations that he participated in a French sex ring emerged after criminal charges that he sexually assaulted a hotel chambermaid maid in New York were dropped in 2011.
Former IMF head Dominique Strauss-Kahn is to be tried on pimping charges, prosecutors have confirmed.
He is charged with "aggravated pimping", which under French law, is a broad crime that can encompass aiding or encouraging the act of prostitution.
Strauss-Kahn was charged with the more serious form because it allegedly involved more than one prostitute.
The crime carries a maximum term of 10 years in prison and a fine of 1.5 million euros ($2 million).
It completes an inquiry into sex parties attended by a man whose French presidential hopes were dashed by a separate 2011 U.S. sex scandal.
A French court has dismissed a case against Dominique Strauss-Kahn in relation to an alleged prostitution ring according to France 24.
The court dismissed the case against disgraced former IMF chief Dominique Strauss-Kahn on the grounds of “insufficient evidence”.
Earlier today Dominique Strauss-Kahn was filmed walking through Paris.
He made no comment on the case or the settlement, but asked reporters how long they would film him:
The maid at the centre of the Dominique Strauss-Kahn case Nafissitao Diallo has spoken to reporters.
Speaking on the court steps her lawyer said; "Ms Diallo is a strong and courageous woman who never lost faith in our system of justice. With this resolution she can now move on with her life."