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Iceland’s PM steps down after Panama Papers offshore scandal — media

The reports dubbed the Panama Papers are based on information leaks from the Panama-based law firm Mossack Fonseca, which provides assistance in registering companies in offshore zones
Sigmundur David Gunnlaugsson AP Photo/Brynjar Gunnarsson, File
Sigmundur David Gunnlaugsson
© AP Photo/Brynjar Gunnarsson, File

OSLO, April 5. /TASS/. Iceland’s Prime Minister Sigmundur David Gunnlaugsson has resigned over the Panama Papers offshore scandal, Deutsche Welle reported on Tuesday.

The International Consortium of Investigative Journalists (ICIJ) published on Sunday some 11.5 million documents revealing "the offshore links of some of the planet’s most prominent people."

The reports dubbed the Panama Papers are based on information leaks from the Panama-based law firm Mossack Fonseca, which provides assistance in registering companies in offshore zones.

 The leak includes material on hidden financial dealings of a range of Russian legal entities and individuals.