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The Prime Minister of Iceland, Sigmundur David
Gunnlaugsson, has resigned, becoming the first
high profile casualty of the Panama Papers
scandal.

After the news broke, Sigmundur David
Gunnlaugsson who was granting an interview to
a journalist stormed out of the interview over
the weekend , amid claims he used secret
offshore firm Mossack Fonseca to hide millions
of dollars as Iceland's economy collapsed.

Monday night, about 24,000 people gathered
outside the parliament building demanding his
resignation.

Mr Gunnlaugsson has resigned as Prime
Minister, but says he will stay on as leader of
the Progressive Party.

Source: AP


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