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Tag Archives: Panama papers

Iceland’s P.M. decided to resign after Panama Papers revelations

Iceland’s prime minister, following revelations about him in the Panama Papers, stepped down Tuesday after President Ólafur Ragnar Grímsson declined to immediately dissolve Parliament and pave the way for snap elections. Ingi Jóhannsson, the minister of agriculture and fishing, told RUV, the broadcaster, that Sigmundur David Gunnlaugsson had resigned as prime minister. Jóhannsson said Gunnlaugsson would remain the chairman of the ...

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Russia and Iceland react on Panama papers leak

Russia said Monday that President Vladimir Putin was the main target of an unprecedented media leak into the financial activity of wealthy individuals who hold accounts offshore. Dmitry Peskov, Putin’s spokesman, told Russian news agency Interfax that it was “obvious” the aim of the anonymous release of more than 11 million documents belonging to a law firm in Panama — ...

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The Panama papers scandal shakes the world

Eleven million documents were leaked from one of the world’s most secretive companies, Panamanian law firm Mossack Fonseca. They show how the firm has helped clients launder money, dodge sanctions and avoid tax. The company says it has operated beyond reproach for 40 years and has never been charged with criminal wrong-doing. The documents show 12 current or former heads of state and ...

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