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April 6, 2016

Iceland's Prime Minister Resigns in Wake of Panama Papers
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Iceland's prime minister has resigned, becoming the first major casualty
of the Panama Papers revelations. Leaked documents from the Panama-based
law firm Mossack Fonseca revealed that Prime Minister Sigmundur David
Gunnlaugsson owned an offshore company with his wife, which he failed to
declare when he entered Parliament. He is accused of concealing millions
of dollars' worth of family assets. Gunnlaugsson's resignation followed
the largest public demonstrations in Iceland's history. We'll go to
Reykjavík for more on Iceland later in the broadcast.
Topics:Tax Havens

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