Published On: Wed, Apr 6th, 2016

Panama Papers Leaks: Iceland Pm Sigmundur Gunnlaugsson Resigns Following Tax Scandal

Advertisement

Prime Minister of Iceland, Sigmundur Gunnlaugsson has resigned who is the first target in Panama Papers leaks in wake of tax scandal as offshore finance.

Panama-Papers-Leaks-Iceland-Pm-Sigmundur-Gunnlaugsson-Resigns-Following-Tax-Scandal

According to Panama-based law firm Mossack Fonseca’s leaks, the Iceland prime minister owned an offshore company alongside his wife Anna Sigurlaug Pálsdóttir but didn’t revealed regarding becoming part of the parliament.

Icelandic PM found guilty of hiding millions of dollars’ worth of family assets which is clearly violation of laws even said sold shares to wife Sigurlaug denied carrying out any misconduct during his ruling.

Advertisement

Mr. Gunnlaugsson’s quit has raised so many questions indicating his treacherousness while he is also among high-profile figures all over the world were tagged in the 11.5 million Panama Papers Leaks contains legal documents those were made public on 3 April, 2016.

After making public the documents, bit pressure rose on Icelandic senior leader that what caused by the sudden quit even since then a large number of citizens also started protest on Monday in front of the parliament building in the capital Reykjavik.

However, the opposition parties to table a confidence resolution, while before Tuesday, Gunnlaugsson had requested Icelandic President Olafur Ragnar Grimsson bringing to an end parliament as well call an early election.

Although president of Iceland answered saying he needs to consult with leaders of the Independence Party those have been ruling coalition with Gunnlaugsson Progressive Party since 2013.

On the other hand sudden request from PM made shock all senior leaders as well wasn’t possible to react immediately, explained the chairman of the Independence Party Gudlaugur Thor Thordarson.

Afterwards, earlier than the ahead of the proposed confidence vote, Icelandic Prime Minister Gunnlaugsson has officially declared his quit.

While the Agriculture Minister, the Progressive Party’s deputy leader of Iceland, Sigurdur Ingi Johannsson addressed news reporters’ team, stated after conference that party about decided to make him new prime minister.

Advertisement

Special Recent Posts

Vanessa Hudgens Net Worth: How Rich is Vanessa Hudgens?

Vanessa Hudgens Net Worth: How Rich is Vanessa Hudgens?

High School Musical starlet Vanessa Hudgens made a mark when she starred in the famous youth fil[...]
Roman Atwood Net Worth: How Rich is Roman Atwood?

Roman Atwood Net Worth: How Rich is Roman Atwood?

Roman Bernard Atwood who is famously called Roman Atwood, is a YouTube personality who make pran[...]
Rich Piana Net Worth: How Rich is Rich Piana?

Rich Piana Net Worth: How Rich is Rich Piana?

Rich Piana who is famously called as Mr. California, he is notoriously known for his body buildi[...]
Reggie Bush Net Worth: How Rich is Reggie Bush?

Reggie Bush Net Worth: How Rich is Reggie Bush?

Reginald Alfred “Reggie” Bush Jr. is an American football player who plays for the Buffalo Bills[...]
Ray Allen Net Worth: How Rich is Ray Allen?

Ray Allen Net Worth: How Rich is Ray Allen?

Known as Ray Allen in the popular culture, he is best remembered as the former American basketba[...]
Pauly Shore Net Worth: How Rich is Pauly Shore?

Pauly Shore Net Worth: How Rich is Pauly Shore?

Pauly Shore is best known for his comedy roles in many comedy films. His full name is Paul Montg[...]
Michelle Williams Net worth: How Rich is Michelle Williams?

Michelle Williams Net worth: How Rich is Michelle Williams?

Michelle William is a notable American actress. She is famous for her link up with deceased Osca[...]
2 died in explosion in Izmir, Turkey

2 died in explosion in Izmir, Turkey

2 people killed in the explosion on Thursday close to a courthouse in Izmir city of western Turk[...]
Mom is on world tour with her 6 year old Daughter after quitting job

Mom is on world tour with her 6 year old Daughter after quitting job

Evie Farell is a normal mom of age 43 in Australia whose job was as a consultant of public relat[...]
Keke palmer Net Worth: How Rich is Keke Palmer?

Keke palmer Net Worth: How Rich is Keke Palmer?

Keke Palmer is a famous celebrity who has proved her versatility as a singer, actress, song writ[...]