Monday, April 04, 2016

Icelandic PM faces no confidence vote over Panama Papers disclosures

(Guardian) Iceland’s prime minister is under fierce pressure to step down after leaked documents showed his wife owned a secretive offshore company with a potentially multimillion-pound claim on the country’s collapsed banks – representing what opponents said was a major conflict of interest.

As opposition parties called a vote of no confidence in Sigmundur Davíð Gunnlaugsson for later this week, as many as 10,000 protesters – in a country of 330,000 – gathered outside parliament in central Reykjavik for an evening protest, chanting, banging drums and barricades, and blowing whistles. Some waved bananas, symbolising the belief of many that they were living in a banana republic.

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