EDMONTON - A backbench Alberta Progressive Conservative member is withdrawing from caucus while the ethics commissioner investigates his business dealings.

Peter Sandhu, the member for Edmonton-Manning, said in a written release that he has asked for the investigation and is confident he will be exonerated.

He says he will step out of the PC caucus to allow his colleagues to work without distraction, but will remain the member of the legislature for his riding.

Sandhu made the decision after CBC report said it appears he recently failed to disclose debts owed by his home-building business to the ethics commissioner.

The CBC report also said Sandhu swore in a court document he was out of the country earlier this year when receipts and records suggest he was actually in Alberta.

Also on HuffPost:

Loading Slideshow...
  • Raj Sharma

    @charlesrusnell uncovers Peter Sandhu's false sworn statement filed in Court. #cbcedmonton

  • Rosa Taggart

    Should be fired & a bi election called. RT @CBCCalgary: Progressive Conservative MLA leaves trail of unpaid debts http://t.co/tyMeZO4l2P

  • Darcy Henton

    PC MLA Peter Sandhu says he is leaving the Tory caucus until he resolves his financial situation #ableg

  • Darcy Henton

    MLA Peter Sandhu says he has asked the ethics commissioner to investigate his personal business interests #ableg

  • Darcy Henton

    "I am confident I will be exonerated," says PC MLA Peter Sandhu MLA for Edmonton Manning. Premier to comment asap. #ableg

  • Lou Arab

    Sandhu bids adieu. Others ask, who? #ableg #abpoli

  • Steven Dollansky

    Very honourable position taken by Peter Sandhu today. Shows integrity and respect. #ableg

  • Lynn Bailey

    That's weird, Redfords expression of deep gratitude to Peter Sandhu for voluntarily (?) stepping out of PC caucus #ableg #yyc #yeg

  • Don Braid

    Just out from @Premier_Redford , expression of deep gratitude to Peter Sandhu for voluntarily (?) stepping out of PC caucus #ableg #yyc #yeg

  • Dawn Walton

    @Premier_Redford thanks Sandhu for putting "the interests of his caucus colleagues and Albertans first" by w/drawing during ethics probe.

  • Jason Markusoff

    Peter Sandhu Who? Newly independent MLA for Edm-Manning has gotten a whopping 11 mentions in @edmontonjournal stories in 5yrs as MLA. #ableg

  • Kim Trynacity

    #cbc Here's the Sandhu letter re #cbc investigation . http://t.co/9jbln9WCw4

  • Canadian Tweeter

    Wonder what severance will be? Withdrawing from the PC caucus and all of my official govt duties," says PC MLA Sandhu #ableg #abpoli