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"Goodbye Sigmundur". Some 10.000 people demonstrated in Reykjavik against their prime minister Sigmundur David Gunnlaugsson's links to tax-havens. "Liar - You are fired!" (Photo: Art Bicnick)

Iceland MPs suspend session over PM tax-haven link

Iceland's prime minister, Sigmundur David Gunnlaugsson, has refused to step down after being accused of hiding assets in an offshore company with the assistance of secretive Panamanian law firm Mossack Fonseca.

Leaked documents revealed that he and his wealthy partner, now wife, had set up a company in 2007 in the British Virgin Islands through the law firm.

The documents also suggest that he sold his half of the company to her, for $1, on the last day of 2009, just before a new ...

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Author Bio

Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.

"Goodbye Sigmundur". Some 10.000 people demonstrated in Reykjavik against their prime minister Sigmundur David Gunnlaugsson's links to tax-havens. "Liar - You are fired!" (Photo: Art Bicnick)

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Author Bio

Lisbeth founded EUobserver in 2000 and is responsible to the Board for effective strategic leadership, planning and performance. After graduating from the Danish School of Media and Journalism, she worked as a journalist, analyst, and editor for Danish media.

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