18:26, March 16, 2015
Romanian finance minister Darius Valcov has resigned over allegations he took a huge bribe when serving in a previous mayoral post.
A criminal investigation was initiated on Friday by Romania's anti-corruption agency, the DNA, to examine accusations that Valcov accepted € 2 million (US$ 2.1 million) between 2010 and 2013 in return for helping a firm to win public works and wastewater management contracts.
According to Reuters, Valcov is the highest ranking sitting official to resign over graft allegations during the crackdown on corruption that has taken place in Romania in the past two years.
Armenian News
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