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Pananma Papers take First Victim


Iceland’s embattled prime minister, Sigmundur Davíð Gunnlaugsson, has become the first major casualty of the Panama Papers, tendering his resignation amid a mounting political crisis over his family’s offshore investments.

A mass protest planned in Reykjavik later on Tuesday turned to celebration as Icelanders vented their anger at the outgoing prime minister following revelations that he had once owned – and his wife still owns – a secret offshore investment company with multimillion-pound claims on Iceland’s failed banks.

SOURCE: The Guardian

#breakingnews #primeminister #sigmundur #gunnlaugsson #panamapapers #iceland #guardian #news #2016

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