Romanian Finance Minister resigns pending graft probe: PM

Reuters News
Posted: Mar 15, 2015 1:26 PM

BUCHAREST (Reuters) - Romanian Finance Minister Darius Valcov resigned on Sunday, leftist Prime Minister Victor Ponta told a local television station, after prosecutors opened a criminal investigation against him for abuse of power.

Anti-corruption prosecutors said late on Friday they were investigating Valcov on suspicion of favoring a company for a public works contract in exchange for about 2 million euros while he was a mayor.

"I spoke with Darius Valcov today at lunch and he handed me his resignation. I accepted it," Ponta told the television station Romania TV.

(Reporting by Luiza Ilie; Editing by Kevin Liffey)