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Iceland's Prime Minister Sigmundur David Gunnlaugsson is to step down after leaked documents from a Panamanian law firm showed his wife owned an offshore company with big claims on collapsed Icelandic banks, his party said.
Gunnlaugsson became the first prominent casualty from the revelations in the so-called Panama Papers, which have cast light on the financial arrangements of an array of politicians and public figures across the globe and the companies and financial institutions they use.
Earlier on Tuesday, Gunnlaugsson had asked Iceland's president to dissolve parliament in the face of a looming no-confidence vote and mass street protests over the revelations. Such a move would almost certainly lead to a new election.
originally posted by: Tiamat384
a reply to: xuenchen
Hate to be that guy, but literally just by two minutes.
www.abovetopsecret.com...
originally posted by: Stormdancer777
That's great, why can't we do that?
Must be what they put in our water.
originally posted by: Tiamat384
a reply to: xuenchen
I'm surprised. Isn't Iceland the nation to have jailed bankers?
originally posted by: Tiamat384
a reply to: xuenchen
Exactly so this surprises me, though perhaps I ought not be surprised. I wonder if any connection to American politics haves been made?