ADVERTISEMENT
  • The Membership Club
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Sunday, March 7, 2021
Premium Times Nigeria
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
​#PanamaPapers: Iceland prime minister resigns after he was linked to offshore company

Sigmundur David Gunnlaugsson,

​#PanamaPapers: Iceland prime minister resigns after he was linked to offshore company

byPremium Times
April 5, 2016
1 min read
ADVERTISEMENT

Sigmundur David Gunnlaugsson, the prime minister of Iceland has resigned after he was implicated in the leak of documents from Mossac Fonseca, a Panamanian law firm that registers offshore shell companies.

Mr Gunnlaugsson, was the first prominent political fallout from the document leak, which has revealed the private financial activities of many rich and powerful people around the world.

Sigurdur Ingi Johannsson, a minister and the deputy chairman of his Progressive Party, announced Mr Gunnlaugsson’s resignation on television.

Mr. Gunnlaugsson had vowed not to resign after the leaked documents revealed that he and his his wife, had set up a company in 2007 in the British Virgin Islands through Mossack Fonseca.

The documents also indicated that he sold his own half of the company to his wife for $1 a day before a new law that would have required him to declare his ownership as a conflict of interest was passed.

#PanamaPapers:

Mr. Gunnlaugsson argued that there was nothing revealing in the leak as he and his wife, Anna, had not hidden their assets or avoided paying taxes.

But it was revealed that the company, which lost millions of dollars in the 2008 financial crash was claiming $4.2 million from three failed banks. According to the New York Times, Mr Gunnlaugsson, who had been prime minister since 2013 was involved in the deal with the bank and his action is now being seen as a conflict of interest.

PREMIUM TIMES is the only Nigerian publication involved in investigations of the leaked documents, which lasted a year.

RelatedNews

Blood on Uniforms (2): No justice for inmates killed by Nigerian prison officials

Army declares 12 officers, 89 soldiers wanted for deserting warfront (FULL LIST)

VIDEO: Nigeria receives 3.94 million doses of COVID-19 vaccines

Blood On Uniforms (1): Inside extra-judicial killings by police officers enforcing COVID-19 lockdown

We have published revelations about the offshore assets of the senate President, Bukola Saraki, his predecessor, David Mark, as well as disgraced former Delta State governor, James Ibori, who is serving a 13- year jail term in the UK after confessing to money laundering in 2012.

  • WhatsApp
  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • Share on Tumblr
  • Pocket

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: To advertise here . Call Willie +2347088095401...



JOIN THE CONVERSATION

  • Disqus (0)
premiumtimes



PT Mag Campaign AD

Previous Post

Sylva accuses Governor Dickson of causing crisis in Bayelsa APC

Next Post

Corruption Trial: How Saraki used public funds to acquire properties, hid them from authorities – Witness

Premium Times

Premium Times

More News

Argentine president, Mauricio Macri and Lionel Messi

New Panama Papers Leak Includes Offshore Links To Lionel Messi, Cartier, Argentine Leader

June 21, 2018
Former Head of State, Sani Abacha

Secret companies of Senator who laundered billions for Abacha uncovered in tax havens

July 28, 2016
INVESTIGATION: Secret documents expose Nigerian oil mogul’s offshore hideaways

INVESTIGATION: Secret documents expose Nigerian oil mogul’s offshore hideaways

July 25, 2016

EXPOSED: #Panamapapers: The Nigerian lawyers who acted as intermediaries for Mossack Fonseca

July 11, 2016
Panama Papers

Adenuga, Niger Governor, late Ooni of Ife, Andy Uba, 106 others named in #PanamaPapers

May 5, 2016
Bayelsa to honour ex-convict Alamieyeseigha, dictator Abacha

#PanamaPapers: How Alamieyeseigha began looting Bayelsa 3 months after becoming governor

May 4, 2016
Next Post
Bukola Saraki

Corruption Trial: How Saraki used public funds to acquire properties, hid them from authorities - Witness

Kaduna to spend N2.55 billion on drones, surveillance equipment in 2017

Dangerous Islamic group emerges in Kaduna - Governor El-Rufai

Discussion about this post

Search

#EndSARS: Latest Updates




Polaris Bank


JAIZ Ad


Access Bank Ad


NITDA Ad





Glo Ad

Subscribe to News via Email

Enter your email address and receive notifications of news by email.

Join 1,629,739 other subscribers.

Advertisement






netherland biz school Advert



Zenith Advert

ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • Opinion
  • PT Hausa
  • The Membership Club
  • Dubawa
    • Dubawa NG
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
  • Digital Store
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.