Be the most informed person in the room with Newsy's free e-newsletter

View our privacy policy: http://www.newsy.com/privacy/
Trump's Conflicts of Interest
Featured Series: Trump's Conflicts of Interest
Donald Trump's international web of businesses creates unprecedented potential for conflicts of interest and corruption. And some picks for his administration might have to face their own...

Panama Papers: After 10,000 Protest, Iceland's Prime Minister Resigns

The Panama Papers leak revealed offshore accounts tied to Icelandic Prime Minister Sigmundur Gunnlaugsson.
SMS

After 10,000 people protested, Iceland's prime minister is resigning.

That's about 3 percent of Iceland's population, which would be like almost 10 million Americans showing up to protest.

The Panama Papers leak showed PM Sigmundur Gunnlaugsson hiding funds in offshore accounts. Those could have been used to avoid taxes.

He initially denied wrongdoing and even walked out of an interview on the issue.

"Something is being made suspicious that isn't suspicious," Gunnlaugsson said. "What are you trying to make up here? This is totally inappropriate."

Gunnlaugsson's resignation won't be official until Iceland's ruling party and president approve it.

This video includes images from Getty Images.

Featured Stories
Mike Pompeo and Rex Tillerson

Pompeo Confirmed For CIA Head, Rex Tillerson Approved By Senate Panel

People on the National Mall.

Supporters, Detractors Describe Hopes For Trump's Presidency In 1 Word

Donald Trump signs a memorandum.

With The Stroke Of A Pen, Trump Pulls The US From The TPP

Want to see more stories like this?
Like Newsy on Facebook for More World Coverage