Romanian minister resigns following corruption probe

‘Romanian Finance Minister Darius Valcov has stepped down after an investigation into his alleged abuse of power as a former mayor of the southern city of Slatina.

Valcov submitted his resignation on Sunday, hours after Romanian President Klaus Iohannis called on Prime Minister Victor Ponta to replace the minister, arguing that he was “affecting the activity and credibility of the government”.

The development came two days after prosecutors charged Valcov with influence peddling, saying he was suspected of accepting two million euros (USD 2.11 million) in bribes as the mayor of Slatina between 2010 and 2013.’

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