- Apr 13, 2011
- Reaction score
- Political Leaning
The prime minister of Iceland has asked the president to dissolve parliament after allegations he concealed millions of dollars worth of investments in an offshore company.PM Sigmundur Gunnlaugsson faced growing pressure over documents showing he and his wife owned offshore firm Wintris.
A big protest was held in front of parliament in Iceland on Monday.
Dozens of high-profile global figures are named in a huge leak from Panamanian law firm Mossack Fonseca.
Mr Gunnlaugsson put his request to President Olafur Ragnar Grimsson after the opposition proposed a no-confidence motion.
However, Mr Grimsson is reported to be delaying a decision until he has spoken to the main political parties.
Read more @: Panama Papers: Iceland prime minister seeks early poll
Here comes the first political consequences of the Panama Papers. The PM of Iceland has reportedly asked the President to dissolve Parliament and call for new elections, however it is also being reported that the PM of Iceland is delaying the process until he talks to the main political parties. This may just be the beginning of the political backlash from the Panama Papers