Iceland Leader Resigns Amid Panama Papers Fallout
Icelandic Prime Minister Sigmundur David Gunnlaugsson resigned after offshore links revealed in the Panama Papers. Protests followed as Icelanders blamed leaders for the 2008 bank collapse. Mossack Fonseca denies wrongdoing. The leak also drew scrutiny on global leaders, including Cameron and Xi, over tax avoidance concerns.
MENTIONED IN THIS ARTICLE
Reuters
Reykjavik
Iceland
Sigmundur David Gunnlaugsson
Gunnlaugsson
Mossack Fonseca
Vladimir Putin
China
Britain
Pakistan
Ukraine
David Cameron
Beijing
Xi Jinping
Barack Obama
Panama
Congress
U.S
Wyoming and Nevada seen as offshore secrecy hubs
The piece warns that Wyoming and Nevada offer privacy for shell companies, likening them to offshore havens. It details Mossack Fonseca links, about 128000 Wyoming entities, and quotes officials noting living contact is required for entities while foreigners can form shells with little disclosure.
MENTIONED IN THIS ARTICLE
Buffalo
Wyo
U.S
Cayman Islands
Nevada
Delaware
Mossack Fonseca
Wyoming
Brazil
United States
Daniel Reeves
Internal Revenue Service
Karen Wheeler
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Sigmundur Gunnlaugsson
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