Iceland’s embattled prime minister has resigned amid a controversy over his offshore holdings, a Cabinet minister said as outrage over the accounts roiled the North Atlantic island nation.
Prime Minister Sigmundur David Gunnlaugsson is stepping down as leader of the country’s coalition government, Agriculture Minister Sigurdur Ingi Johannsson told Icelandic broadcaster RUV.
Iceland’s Prime Minister Sigmundur David Gunnlaugsson during a parliamentary session in Reykjavik, April 4, 2016. (AP Photo/Brynjar Gunnarsson)
No replacement has yet been named, and Iceland’s president has not yet confirmed that he has accepted the resignation.
Thousands of Icelanders protested outside the parliament building in Reykjavik on Monday, demanding that Gunnlaugsson …read more
Source: Malaya Business Insight
