BBC News, 20
December 2012
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President Correa has often accused
the Ecuadorean media of bias against
his left-wing policies
|
Pedro
Delgado apologised for providing false information when he applied to a business
school more than 20 years ago.
He finished
his masters degree there, but the business school - Incae - discovered he'd
lied in his application and informed the government.
Mr Delgado
had been in the post since November 2011.
"I
have to admit that I have made a serious mistake 22 years ago which is costing
me very dear," he said on television on Wednesday night.
In his
application form to join the Incae business school, in Costa Rica, Mr Delgado
said he had a degree from Ecuador's Catholic University.
Opposition
MP Enrique Herreria denounced him to the Prosecutor's Office last month, based
on the business school findings.
'Blow to
revolution'
President
Rafael Correa, who is Mr Delgado's cousin, promised to investigate.
"A
very hard day. We can confirm that Pedro Delgado had presented a fake degree at
Incae," he tweeted.
"It
has been a big blow to the revolution," he said, referring to his
left-wing programme of government.
The
president had previously accused the media in the South American country of
carrying out a campaign against his government.
Mr Delgado
rejected other accusations of illegal financial operations with Iran, which he
said were an attempt to smear the president.
"Nothing
has been found out because all these accusations were fabricated to damage the
image of the one who leads the revolution," he said.
Ecuador's
economy, which is largely based on oil and remittances from the US and Spain,
is expected to grow by 5% in 2012.
Mr Correa
has been in power since 2007 and already been re-elected once - the first such
success for an Ecuadorean president in more than 30 years.
He is
running for re-election in February.

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