RRI Live!

Listen to Radio Romania International Live

Minister resigns over corruption allegations

The target of a criminal investigation, Romanias finance minister Darius Valcov resigned on Sunday.

Minister resigns over corruption allegations
Minister resigns over corruption allegations

, 16.03.2015, 12:48

The cabinet led by Victor Ponta, politically fragile after the latter lost the presidential race in November, has received a new painful blow. Its finance minister, Darius Valcov, resigned on Sunday, after the National Anticorruption Directorate started an investigation into alleged acts of corruption committed by Valcov in 2009, while he was a mayor of the small southern town of Slatina. Valcov is suspected of receiving considerable bribe from a businessman in exchange for facilitating the awarding of certain contracts. Prime minister Victor Ponta says Valcov resigned before president Klaus Iohannis publicly asked him to step down so as not to affect the credibility of the cabinet. Prime minister Victor Ponta:



“Mr Valcov resigned on Sunday at noon. He came to my office and tendered his resignation. I told him I would accept it after he finished the text of the Fiscal Code and the Fiscal Procedure Code, when I would appoint someone to replace him as finance minister. I can’t say I have the name of his replacement yet, because it is a much too important position to find someone right away, but I will make a decision within the next few days. I have also informed president Iohannis of my intention.”



Whether Darius Valcov resigned before or after the president’s public intervention, his resignation will take effect in a few days’ time, once the Fiscal Code bill is ready. The bill has, in fact, been well received by the business community and was meant to score good points for the prime minister in his competition with the Liberals in opposition. The latter are trying to shake the parliamentary majority formed around the Social Democratic Party, so they stand to gain from this latest development.



The daily Adevarul notes that no less than 13 ministers from different governments led by Victor Ponta in the last three years have had problems with the law. One example is the Social Democrat senator Dan Sova, a former cabinet member responsible for large-scale infrastructure projects, who is accused of complicity in abuse of power.



Victor Ponta did, however, receive one good piece of news: the arrest and prosecution of Marian Vanghelie, one of his most vocal critics inside the party. Vanghelie is being investigated for awarding preferential contracts as mayor of Bucharest’s Sector 5 and pocketing 20% of their value. Before he became the target of criminal inquiries, he was planning to create a new left-wing party.

The President of Bulgaria, Iliana Iotova (photo www.president.bg)
Today in the News Monday, 02 November 2026

Iliana Iotova and Kiril Valchev: Bulgaria’s new President and Vice President

Iliana Iotova will continue to serve as Bulgaria’s president for the next five years, retaining her position as head of state and Commander-in-Chief o…

Iliana Iotova and Kiril Valchev: Bulgaria’s new President and Vice President
A drone shot down by the Romanian pilots over the Black Sea
Today in the News Monday, 02 November 2026

The Danger of Drones

The danger posed by drones illegally entering Romania’s airspace is a real and growing problem, given the Russian Federation’s war against neighboring…

The Danger of Drones
Radio Romania 98
Today in the News Monday, 02 November 2026

Radio Romania 98

A decade after WWI, when all the Romanian-speaking provinces belonging to various empires until that time had come under the authority of Bucharest, R…

Radio Romania 98
Photo: Voicu Horațiu / unsplash.com
Today in the News Friday, 30 October 2026

The latest CURS Survey – A Sociological Mirror of Today

77% of the Romanians believe their country is moving in the wrong direction, 18% believe the direction is right, whereas 5% had no say, shows the late…

The latest CURS Survey – A Sociological Mirror of Today
Today in the News Friday, 30 October 2026

Concerns Regarding Energy Prices

Energy prices, the risk of further price hikes, and the capacity of European states to meet their electricity demand during the cold season were the p…

Concerns Regarding Energy Prices
Today in the News Thursday, 29 October 2026

Romania-Bulgaria-Turkey Trilateral

While the Defense Ministers of Romania, Bulgaria, and Turkey were meeting in Sofia on Wednesday to discuss measures to protect civilian shipping, amid…

Romania-Bulgaria-Turkey Trilateral
Today in the News Thursday, 29 October 2026

Aviation fuel and pipelines for Europe

A difficult winter lies ahead, and 2027 is expected to see prices remain high due to the ongoing global crisis; consequently, the European Union must …

Aviation fuel and pipelines for Europe
Today in the News Wednesday, 28 October 2026

The New Romanian Prime Minister in Chișinău

Formed from a portion of the eastern Romanian territories annexed by the Stalinist Soviet Union in 1940 following an ultimatum, the current Republic o…

The New Romanian Prime Minister in Chișinău

Partners

Muzeul Național al Țăranului Român Muzeul Național al Țăranului Român
Liga Studentilor Romani din Strainatate - LSRS Liga Studentilor Romani din Strainatate - LSRS
Modernism | The Leading Romanian Art Magazine Online Modernism | The Leading Romanian Art Magazine Online
Institului European din România Institului European din România
Institutul Francez din România – Bucureşti Institutul Francez din România – Bucureşti
Muzeul Național de Artă al României Muzeul Național de Artă al României
Le petit Journal Le petit Journal
Radio Prague International Radio Prague International
Muzeul Național de Istorie a României Muzeul Național de Istorie a României
ARCUB ARCUB
Radio Canada International Radio Canada International
Muzeul Național al Satului „Dimitrie Gusti” Muzeul Național al Satului „Dimitrie Gusti”
SWI swissinfo.ch SWI swissinfo.ch
UBB Radio ONLINE UBB Radio ONLINE
Strona główna - English Section - polskieradio.pl Strona główna - English Section - polskieradio.pl
creart - Centrul de Creație Artă și Tradiție al Municipiului Bucuresti creart - Centrul de Creație Artă și Tradiție al Municipiului Bucuresti
italradio italradio
Institutul Confucius Institutul Confucius
BUCPRESS - știri din Cernăuți BUCPRESS - știri din Cernăuți

Affiliates

Euranet Plus Euranet Plus
AIB | the trade association for international broadcasters AIB | the trade association for international broadcasters
Digital Radio Mondiale Digital Radio Mondiale
News and current affairs from Germany and around the world News and current affairs from Germany and around the world
Comunità radiotelevisiva italofona Comunità radiotelevisiva italofona

Providers

RADIOCOM RADIOCOM
Zeno Media - The Everything Audio Company Zeno Media - The Everything Audio Company