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Over 10,000 Protest in Iceland After Prime Minister Exposed in Panama Papers

HeadlineApr 05, 2016

In Iceland, over 10,000 protesters took to the streets Monday calling for Iceland’s prime minister to resign after it was revealed he had benefited from offshore investment accounts in tax havens.

Einar Bergmundur: “I’m just protesting the corruption of the government. The prime minister has been hiding his money in Tortola and lying about it. The financial minister has also been lying about his participation in secret companies. And everybody is just fed up with this.”

Details of Icelandic Prime Minister Sigmundur David Gunnlaugsson’s offshore account were exposed on Sunday as part of the Panama Papers—a massive journalistic exposé revealing how a Panamanian firm had set up a global network of shell companies for heads of state, politicians, CEOs and celebrities to store their money offshore to avoid taxes and oversight.

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