“The prime minister of Iceland submitted his resignation… succumbing to political pressure two days after an enormous leak of documents from a secretive Panamanian law firm about offshore shell companies and tax shelters,” the New York Times reports.
“The resignation of the prime minister, Sigmundur David Gunnlaugsson, signaled the first prominent political casualty from the document leaks known as the Panama Papers, which have shed a harsh light on the private financial activities of many rich and powerful people.”
Save to Favorites