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Panama Papers: Mass protests break out in Iceland

People gather to demonstrate against Iceland's prime minister Sigmundur David Gunnlaugsson, in Reykjavik.  Iceland's prime minister insisted he would not resign after documents leaked in a media investigation allegedly link him to an offshore company that could represent a serious conflict of interest.
People gather to demonstrate against Iceland's prime minister Sigmundur David Gunnlaugsson, in Reykjavik. Iceland's prime minister insisted he would not resign after documents leaked in a media investigation allegedly link him to an offshore company that could represent a serious conflict of interest. AP

MASSIVE protests have broken out in Iceland demanding the resignation of the Prime Minister Sigmundur David Gunnlaugsson after it was revealed he had moved millions of dollars offshore to avoid paying tax while the country was in recession.

Yesterday Gunnlaugsson walked out of an interview with Swedish press when questioned about the offshore accounts.

Today he went on live television and said he has no intention of resigning.

Sigridur Tulinius, a law student and researcher has been posting updates of the interview and protests.

She said the Prime Minister doesn't see the protests as a reason to resign and that the money was his wife's rather than his.

Topics:  iceland panama papers tax



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