Romanian President Traian Basescu followed judicial procedures on Tuesday and signed the documents revoking two ministers who had announced their resignation from the government after their Conservative Party decided to withdraw from the coalition in power.

The two are Codrut Seres, who served as Economy minister, and Bogdan Pascu, who served as deputy prime minister. Once the President signed the documents revoking them, Seres is no longer the subject of inquiry for a special presidential commission formed recently to overview a criminal investigation on Seres and another member of the government, Communication minister Zsolt Nagy.

The investigation was related to allegations that the two contributed to an organized crime ring profiting from the privatization of Romanian energy companies.

President Basescu made the announcement as Liberal Varujan Vosganian took over the Economy Ministry portfolio today.