Tuesday, April 5, 2016

Iceland's Prime Minister Has Resigned Over The Panama Papers Revelations



BBC: Panama Papers: Iceland prime minister resigns

The prime minister of Iceland has resigned - the first major casualty of the Panama Papers leaks which have shed an embarrassing spotlight on the world of offshore finance.

The leaks, from Panama law firm Mossack Fonseca, showed PM Sigmundur Gunnlaugsson owned an offshore company, Wintris, with his wife.

He was accused of concealing millions of dollars worth of family assets.

A big protest was held in front of parliament in Iceland on Monday.

Reports suggest the agriculture minister will be the new PM.

Read more ....

More News On Iceland's Prime Minister Resigning Over The Panama Papers Revelations

Icelandic PM to resign amid offshore holdings controversy -- AP
Iceland prime minister resigns amid fallout from ‘Panama Papers’ disclosures -- Washington Post
Reports: Iceland's Prime Minister Resigns Amid Panama Papers Scandal -- NPR
Iceland PM offers to resign amid Panama Papers scandal, official says -- FOX News
Iceland PM resigns after 'Panama Papers' leak -- The Hill
Panama Papers: Iceland’s Prime Minister Resigns -- The Atlantic
Iceland's prime minister has resigned over secret investments revealed in the Panama Papers -- Business Insider
Iceland PM Says ‘Bring It On,’ Then Resigns After Panama Leak -- Daily Caller

3 comments:

Anonymous said...

One down! My guess is he'll be the only world leader to be impacted by this. Now to see what happens with the DC Madam scandal.

Anonymous said...

A baby face is no protection against the envious.

Unknown said...

It is Iceland and far far away, but this resignation warms my heart.


Now if they could just tackle the corruption in the "bankrupt American Afghanistan".


Nothing like raising taxes and being unaffected because you can always swing a deal to make enough to get what you want due to political connections.