Philippines Vice President Jejomar Binay has resigned from his post after corruption charges were hurled against him, an official said on Monday.
Binay quit as chairman of the Housing and Urban Development Coordinating Council and as Presidential Advisor on Overseas Filipino Workers' Concern, Xinhua reported.
Joey Salgado, Binay's media affairs chief, said the vice president tendered "his irrevocable resignation from the cabinet effective immediately".
Binay is facing corruption allegations for alleged overpriced projects in Makati city when he was the mayor of the place.
He had expressed his intention to run for president in 2016.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
