Post-presidency
On 10 November 2011, President Marcus Stephen resigned from the presidency amid corruption allegations leveled by the Nauruan opposition. Opposition MPs accused Stephen of seeking to illegally profit from a phosphate deal. Stephen called the charges "unwarranted and mischievous." He resigned the presidency, but remained in parliament. He was succeeded by one of his allies, Freddie Pitcher, who was removed five days later, and replaced by Sprent Dabwido. Stephen remained in opposition until June 2012, when he was given the portfolios of Commerce, Industry & Environment, Nauru Phosphate Royalties Trust, and Fisheries in Dabwido's new Cabinet.
Read more about this topic: Marcus Stephen