Panama Leaks, the scam that’s rocking the globe, seems to have claimed its first victim. Sigmundur David Gunnlaugsson, the Prime Minister of Iceland had to resign after his name got surfaced in the elites list mentioned in the scam. Gunnlaugsson along with his wife is alleged to have made huge investments in British Virgin Island to save and legalise their black money. Gunnlaugsson has been busy amassing huge wealth, though his nation was going through financial hiccups.
The Prime Minister had to resign after huge protests were made before the Parliament building in Iceland. Gunnlaugsson though has resigned from the post, has denied any reports of his involvement in the scam. He has declared that he and his wife has cleared all the taxes. He further recommended the parliament to be dissolved. But the Iceland President Olafur Ragnar Grimsson is not keen to dissolve the parliament which would have been further embarrassment to the nation. Now that Iceland PM has gone... who’s next?
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