John Banks resigns as he faces electoral fraud trial

Oct. 16 (BusinessDesk) – The Act Party’s leader and sole Member of Parliament, John Banks, has resigned as a Minister after an Auckland District Court judge sent Banks for trial over the handling of political donations.
“I have spoken to Mr Banks this afternoon following the Auckland District Court’s decision that he should stand trial for alleged fraud over his electoral returns following a private prosecution,” Key said in a statement.
Banks had told Key’s chief of staff, Wayne Eagleson, late last week that he would resign if the judge ru...
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