Romanian finmin to keep key role in tax cuts despite investigation: PM

March 14, 2015 11:33 AM

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Romanian finmin to keep key role in tax cuts despite investigation: PM

BUCHAREST (Reuters) - Romanian Finance Minister Darius Valcov will continue to play a key role in the government's plans to cut all the country's major taxes, despite becoming the subject of a corruption investigation, Prime Minister Victor Ponta said on Saturday.

It was Ponta's first reaction since anti-corruption prosecutors said late on Friday they had begun an investigation into Valcov. He is accused of favoring a company for a public works contract in exchange for about 2 million euros ($2.1 million) in his former post as a mayor.

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