The Prime Minister of Iceland has resigned after the Panama Papers revealed that he has been using an offshore firm to allegedly hide investments worth millions of pounds.

Yesterday, thousands of locals surrounded the Icelandic parliament to demand Prime Minister Sigmundur David Gunnlaugsson’s resignation. Many claimed that the politician had lost the public’s trust after it was revealed that he and his wife owned a company linked to the Panama Papers scandal. Opposition parties had called for a vote of no confidence against the politician. He initially denied any wrong doing following the revelations but reportedly resigned this afternoon amid growing pressure.

The Panama Papers are a huge cache of leaked files which name individuals allegedly linked with a law firm which specialises in shell companies for the purposes of avoiding tax payments.

Mr Gunnlaugsson is one of dozens of leaders of former leaders around the world to be named in the documents. There is no suggestion that he has acted illegally by his involvement in the scheme. However, critics have suggested that it amounts to a conflict of interest. The documents suggest that while Mr Gunnlaugsson was overseeing negotiations with the creditors of Icelandic banks, his company was owed considerable sums from their bankruptcies.

Gunnlaugsson has denied any wrongdoing.
He has said he and his wife have paid all their taxes and done nothing illegal. He also said his financial holdings didn't affect his negotiations with Iceland's creditors during the country's acute financial crisis.

http://www.independent.co.uk/news/world/europe/iceland-prime-minister-sigmundur-dav-o-gunnlaugsson-quits-over-panama-papers-tax-haven-scandal-a6969911.html


Cc lalasticlala mynd44

I wonder when we'll start holding our politicians responsible for eating our common wealth alone. Instead some of us still support and back them.

.......and some worthless bastards who keep portraying us in bad light before the world will be defending Saraki and other worthless looters of our common patrimony like their lives depended on it.....despite being hungry bastards imagine what a Prime Minister just did....this is what the bastard thief, Saraki ought to have done many many weeks back but the stubborn goat keep shouting political witch-hunting but the loots he stashed in foreign Countries are justified ole buruku

omolola15:
The Prime Minister of Iceland has resigned after the Panama Papers revealed that he has been using an offshore firm to allegedly hide investments worth millions of pounds.

Yesterday, thousands of locals surrounded the Icelandic parliament to demand Prime Minister Sigmundur David Gunnlaugsson’s resignation. Many claimed that the politician had lost the public’s trust after it was revealed that he and his wife owned a company linked to the Panama Papers scandal. Opposition parties had called for a vote of no confidence against the politician. He initially denied any wrong doing following the revelations but reportedly resigned this afternoon amid growing pressure.

The Panama Papers are a huge cache of leaked files which name individuals allegedly linked with a law firm which specialises in shell companies for the purposes of avoiding tax payments.

Mr Gunnlaugsson is one of dozens of leaders of former leaders around the world to be named in the documents. There is no suggestion that he has acted illegally by his involvement in the scheme. However, critics have suggested that it amounts to a conflict of interest. The documents suggest that while Mr Gunnlaugsson was overseeing negotiations with the creditors of Icelandic banks, his company was owed considerable sums from their bankruptcies.

Gunnlaugsson has denied any wrongdoing.
He has said he and his wife have paid all their taxes and done nothing illegal. He also said his financial holdings didn't affect his negotiations with Iceland's creditors during the country's acute financial crisis.

http://www.independent.co.uk/news/world/europe/iceland-prime-minister-sigmundur-dav-o-gunnlaugsson-quits-over-panama-papers-tax-haven-scandal-a6969911.html


Cc lalasticlala mynd44

At the bold, when will Nigerians start doing this to these polithiefcians robbing the living daylight out of us

tomakint:


At the bold, when will Nigerians start doing this to these polithiefcians robbing the living daylight out of us

Despite all the allegations against our politicians. Some people will still come here and support them. They'll fight for them. This can only happen of we look past ethnicity and tribalism. People will support a thief as long as he's from their region or religion. I don't care if na my papa thief our common wealth make dem arrest am.

Where is lalasticlala when you need him self.

tomakint:
.......and some worthless bastards who keep portraying us in bad light before the world will be defending Saraki and other worthless looters of our common patrimony like their lives depended on it.....despite being hungry bastards imagine what a Prime Minister just did....this is what the bastard thief, Saraki ought to have done many many weeks back but the stubborn goat keep shouting political witch-hunting but the loots he stashed in foreign Countries are justified ole buruku

Sweetheart, you can't compare Iceland with Nigeria, sanity is dead here.

Iceland do not have an army but live in relative peace

Paulpaulpaul:



Sweetheart, you can't compare Iceland with Nigeria, sanity is dead here.

Iceland do not have an army but live in relative peace

You are right my brother.....do you know Iceland is a treeless Country? My visit to that Country in 2004 still lingers in my memory, I was at Reykjavik, the Capital City. Indeed a very sweet and peaceful Country.

Hmm. This is an individual who has shame. Wish I could say the same for the likes of Saraki, who still try to frustrate the law just because they allegedly looted public funds.