resignations

Pedro Delgado | Source: Flikr, author Presidencia de la República del Ecuador fotospresidenciaIt seems in every family there are secrets and lies.

On Wednesday afternoon, Pedro Delgado, the cousin of Ecuador’s President Rafael Correa, and the Andean country’s central bank president, stepped down after confessing that he did not hold a university degree in economics.

“I submit my irrevocable resignation as head of the central bank… and I do it because I made a grave mistake 22 years ago,” Delgado said.