First to Fall? Panama Papers Bring Down Iceland PM, Portending Future Fallout

First to Fall? Panama Papers Bring Down Iceland PM, Portending Future Fallout

In the first instance of a prominent politician taken down by the 11.5 million documents leaked in the Panama Papers, Iceland Prime Minister Sigmundur Davíð Gunnlaugsson resigned on Tuesday after fully 10 percent of Iceland’s population rallied in protest of his wife’s secret, offshore shell company holding millions.

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