The Isle of Man's chief minister has resigned a day after being arrested and questioned by police.
The Isle of Man is 33 miles (52km) long and 13 miles (22km) wide
Richard Corkill and his wife Julie were interviewed over allegations in connection with grants paid to them by the Department of Tourism and Leisure.
He said he was stepping down to protect the island's integrity but he and his wife denied any wrongdoing and would co-operate fully with the investigation.
The couple have been released on bail but police enquiries are continuing.
The Isle of Man is a self-governing dependent territory of the British Crown. It is not part of the UK but is a member of the Commonwealth.
The allegations concern tourism development grants paid to a holiday cottage business run by the couple.
Mr and Mrs Corkill's statement read: "We understand that the police are obliged to be thorough in investigating any allegation and we do not expect to be treated any differently from any other members of the public.
"We remain confident that due process will confirm that allegations against us are false, and that we are innocent of any wrongdoing."
His successor was expected to be appointed by parliament at its next sitting on 14 December.
An Isle of Man police spokesman said Mr Corkill and his wife were interviewed by detectives from the island constabulary's Serious Crime Unit.
He also confirmed that enquiries were carried out at the couple's home.