REYKJAVIK: Iceland’s prime minister resigned on Tuesday,
becoming the first political victim of a mushrooming worldwide scandal over
hiden offshore financial dealings exposed in the so-called Panama Papers .
Prime Minister Sigmundur David Gunnlaugsson was the biggest casualty of a world
wide media prove into 11.5 million leaked documents that purportedly reveal the
offshore financial activities of 140
political figures, including 12 current or former heads of state, “The prime
minister told (his party’s ) parliamentary group meeting that he would step
down as prime minister and I will take over,” the progressive party’s deputy
leader Sigurdur Ingi Johannsson told a live broadcast. A series of other
leaders and stars fingered in the leaked papers have hit back at the
allegations, denying and wrongdoing despite the international furore. Those
named include Russian President Vladimir Putin’s associates, Chinese President
Xi Jinping’s relatives, British Prime Minister David Cameron’s late father and
celebrities such as Argentine footballing great Lionel Messi,.
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