panama-papers-iceland.html

4/14/2016

This article discusses the involvement of Iceland's Prime Minister, Sigmundur David Gunnlaugsson, in the Panama Papers scandal. The Panama Papers leak revealed the offshore financial activities of various political leaders and influential individuals around the world. In the case of Iceland, the leaked documents showed that Gunnlaugsson and his wife had owned an offshore company that held bonds of Icelandic banks, creating a conflict of interest during the country's recovery from the financial crisis. The article also highlights the public outrage and protests that followed the disclosure, ultimately leading to Gunnlaugsson's resignation as Prime Minister. The scandal and its aftermath shed light on the broader issue of tax evasion and the use of offshore accounts by the global elite.

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