Resignations

LONDON Iceland’s Finance Minister Bjarni Benediktsson said on Tuesday he would not resign over the Panama Papers leaks, which showed he once had a stake in an offshore investment firm in the Seychelles. Asked by reporters in London whether he would quit, Benediktsson answered: “No”. The statement came a week after Sigmundur David Gunnlaugsson resigned […]

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LONDON Iceland’s Finance Minister Bjarni Benediktsson said on Tuesday he would not resign over the Panama Papers leaks, which showed he once had a stake in an offshore investment firm in the Seychelles. Asked by reporters in London whether he would quit, Benediktsson answered: “No”. The statement came a week after Sigmundur David Gunnlaugsson resigned […]

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Pakistan’s Prime Minister Nawaz Sharif is facing calls to resign over documents that show he owns significant holdings overseas in tax-free accounts. Pakistani opposition leader Imran Khan has led the drive for Sharif’s resignation, claiming that he would hold a rally outside Sharif’s home in Lahore unless the Prime Minister quits his post, according to […]

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People demonstrate against Iceland’s Prime Minister Sigmundur David Gunnlaugsson in Reykjavik, Iceland. (Stigtryggur Johannsson/Reuters) Iceland may be a small country, but it makes a lot of international headlines. In 2008 it became a poster child for the dangers of rapid financial growth when its hyper-leveraged banking system imploded. Over the next few years, the country […]

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Demonstrators converge on Downing Street on Saturday calling for David Cameron to resign over revelations regarding his financial affairs. The prime minister has been accused of misleading the public after he issued several statements before finally admitting he had benefited from his late father’s offshore investment fund Blairmore. The details of the fund were revealed […]

Thousands of protesters marched on Downing Street Saturday calling for British Prime Minister David Cameron to resign after revelations about his tax affairs emerged earlier this week along with the leak of Panama Papers. RELATED:  Jeremy Corbyn: Cameron Misled the Public on Trust Fund Scandal  Protesters, many wearing Panama hats, descended on the gates of Downing […]

British Prime Minister David Cameron admitted Thursday that he had owned shares in his late father’s Panamanian trust and by Friday morning, #ResignCameron was Twitter top worldwide Twitter trend.  It seemed like every front page in the U.K. was plastered with headlines about Cameron’s admission in an ITV interview.  #ResignCameron is top trend in UK as […]

Jürgen Mossack, the co-founder of Mossack Fonseca, the Panama-based law firm at the center of a massive leak, resigned from a council advising the country’s government on foreign policy, the Associated Press (AP) reported Thursday. The leak revealed huge data trove, dubbed Panama Papers, connected to offshore shelters of the big guns and companies of […]