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Castro says will resign if US proves him wealthy

The Cuban President has been listed by Forbes as the seventh wealthiest ruler with 900 million dollars.

india Updated: May 16, 2006 14:28 IST

Cuban President Fidel Castro has said that he would offer his resignation if his arch-rival, the United States, can prove that he has a huge personal fortune as claimed by Forbes magazine.

"If they prove that I have an account abroad, I will resign from my position, from my current responsibilities," Castro, who has ruled Cuba for 47 years, said in a lengthy television and radio appearance on Monday.

Earlier this month, Castro was listed by Forbes as the seventh wealthiest ruler with 900 million dollars.

The American magazine cited former Cuban officials as saying that Castro had skimmed profits from a Havana convention center, retail conglomerate Cimex and vaccine and pharmaceutical products firm Medicuba to amass his fortune.

Forbes noted, however, that "Castro, for the record, disagrees, insisting his personal net worth is zero.

First Published: May 16, 2006 12:38 IST