Iceland's PM named in Panama Papers asks prez to call for snap polls

April 05, 2016 18:45

JUST IN: Iceland's PM asks President to dissolve Parliament after allegations he concealed investments in offshore company, as revealed by the Indian Express investigation into what is being called the Panama Papers.

Sigmundur Dav Gunnlaugsson had pledged to dissolve his ruling coalition if he lost the trust of his partners after being named in the Panama Papers -- a huge cache of leaked files naming individuals linked with a law firm specialising in shell companies.

He denied any wrongdoing following the revelations and defied calls to resign as thousands of people protested outside the country's parliament building.

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