Sigmundur David Gunnlaugsson

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First Victim of Panama Papers: Iceland Leader to Resign

His offshore account was exposed in leak

(Newser) - A member of the Icelandic government says embattled Prime Minister Sigmundur David Gunnlaugsson will resign amid the controversy over his offshore holdings . Agriculture Minister Sigurdur Ingi Johannsson told Icelandic broadcaster RUV that Gunnlaugsson was stepping down as leader of the country's coalition government. Opposition lawmakers say Gunnlaugsson's offshore...

Thousands Demand Iceland PM Quit Over Panama Papers

But Gunnlaugsson refuses to consider it

(Newser) - If the Panama Papers leak is going to bring down a big name, it's looking more and more like it will be Iceland Prime Minister Sigmundur David Gunnlaugsson. About 10,000 protesters gathered outside Parliament in Reykjavik on Monday evening, and opposition parties are pushing for a no-confidence vote,...

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