Senator Santo Santoro, the Minister for Ageing, has resigned from the Howard ministry after a week of allegations and revelations over an undeclared share ownership.
He is the second minister to resign in the past fortnight.
It was revealed earlier this week that Senator Santoro had failed to sell off shares in a biotechnology company, CBio, after he was appointed to the Ageing portfolio last year. This constituted a perceived conflict of interest with his health-related position. [Read more…]