First casualty as Iceland’s Prime Minister resigns over Panama papers offshore funds scandal

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The Prime Minister of Iceland, Sigmundur David Gunnlaugsson, has resigned, becoming the first high profile casualty of the Panama Papers scandal.

After the news broke, Sigmundur David Gunnlaugsson who was granting an interview to a journalist stormed out of the interview over the weekend, amid claims he used secret offshore firm Mossack Fonseca to hide millions of dollars as Iceland’s economy collapsed.

Monday night, about 24,000 people gathered outside the parliament building demanding his resignation.

Mr Gunnlaugsson has resigned as Prime Minister, but says he will stay on as leader of the Progressive Party.

Source: AP

1 thought on “First casualty as Iceland’s Prime Minister resigns over Panama papers offshore funds scandal

  1. The Yoruba says “eniti oni ori ni ori nfo, eniti oloju ni oju nti”..meaning literarily..headache belongs to those with heads, while ‘shame’ belongs to those with DIGNITY, don’t ever confuse Nigeria for any country on this planet when it comes to MORAL TORPITUDE, Nigeria holds the unenviable record.
    In Nigeria this kind of sensitivity to CIVIL GOVERNANCE is very ALIEN. The last time I knew of VOLUNTARY RESIGNATION was by JS TARKA , PAUL UNONGO and PRETTY AUNTY BOLANLE AWE, she quit just on the issue of cross party ideological differences, I doff my hat for her.
    Now, look at GAMBINO BUKOLA SARAKI(GBS)this man has serious allegations heaped on him for more than a decade in one way or the other.What does GBS do? He consults the “consultables” and their accords waxes stronger..hear his fellow partners in crime..’we wiil not impeach Saraki” who, with any commonsense does not know that GAMBINO BUKOLA SARAKI is the leader of their underworld empire and if GBS is brought down all of them will be history. Mark this though and I say this with every atom of belief inside of me, IF COURTS DON”T CONVICT GBS, God Almighty in his infinite mercy will do it!Enough is enough. This man’s name is in most major FINANCIAL SCANDALS in this decade, why???

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