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Iceland PM Demands President To Sack Parliament Over Alleged Illegal Investments

The Iceland Prime Minister Sigmundur Gunnlaugsson has asked the President to dissolve the Parliament, due to allegation against him, of concealing millions of dollars investments in an offshore private firm.

Pressure has continued to mount on Gunnlaugsson, following documents which have been made public, alleging that he and his wife owned offshore firm – Wintris.

On Monday, a fierce protest was staged in front of parliament in the country. The allegation linked many high-profile global figures from Panamanian law firm Mossack Fonseca.

In another development, France has vowed to include Panama in a list of countries which had failed to co-operate on the issue relating to tax evasion.
French Finance Minister Michel Sapin also accused Panama of giving false impression that it was capable of “respecting international principles”.

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