Colombian President Gustavo Petro said on Wednesday that finance vice minister Diego Guevara will step into that ministry's top job, after previous minister Ricardo Bonilla resigned amid an ongoing corruption scandal.

Colombia’s finance chief has been hit with fresh accusations in an alleged corruption scandal, adding to complications for President Gustavo Petro just as the government tries to navigate a deepening fiscal crisis.

Colombia's Finance Minister Ricardo Bonilla resigned on Wednesday shortly after President Gustavo Petro said he expected him to step down amid an ongoing corruption scandal, though he said he does not think Bonilla has committed any wrongdoing.

El ministro de Hacienda de Colombia, Ricardo Bonilla, probablemente renunciará en medio de acusaciones de irregularidades, dijo el presidente Gustavo Petro.

Colombia's President Gustavo Petro on Wednesday said he expects his Finance Minister Ricardo Bonilla to resign amid an ongoing corruption scandal, though the president said he does not think the minister has committed any wrongdoing.

Colombian President Gustavo Petro promoted deputy finance minister Diego Guevara to fix the most serious fiscal situation his government has yet faced.Most Read from BloombergAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsGuevara replaces outgoing minister Ricardo Bonilla who quit on Wednesday amid a corruption scandal in which he denies wrongdoing.