Panama Papers Reveal Misdeeds of Numerous Politicians
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by News Editor
Reuters – Iceland’s Prime Minister Sigmundur David Gunnlaugsson resigned on Tuesday, becoming the first casualty of leaked documents from a Panamanian law firm which have shone a spotlight on the offshore wealth of politicians and public figures worldwide.
The Panama Papers showed the premier’s wife owned an offshore company with big claims on Iceland’s banks, a undeclared conflict of interest for Gunnlaugsson, infuriating many who hurled eggs and bananas in street protests calling for him to step down.