REYKJAVIK, Iceland – Iceland’s prime minister is defying calls for his resignation as opponents plan a second day of mass protests outside the island nation’s parliament.
Prime Minister Sigmundur David Gunnlaugsson and his wife have been linked to an offshore company that may represent a severe conflict of interest with his official role.
WATCH: Thousands rally in Iceland after release of Panama Papers ignites controversy for PM
A wide array of opposition groups are planning protests Tuesday evening, seeking a new election. Parliament was not in session but deliberations on the crisis are expected to resume later this week.
READ MORE: Iceland’s PM won’t resign in Panama Papers scandal
Get weekly money news
News reports have alleged that Gunnlaugsson and his wife set up a company in the British Virgin Islands with the help of a Panamanian law firm at the centre of a massive tax evasion leak.
- IBC estimates $230M in insured damage claimed from Edmonton storms
- Alberta First Nation sues Ottawa over $5 treaty annuity, argues amount stuck in 1899
- Jobs hang in the balance as Ekati diamond mine in N.W.T. closing early
- WestJet flight attendants hold information pickets as strike vote takes place
WATCH: Iceland PM walks out on interview after being questioned about Panama Papers allegations
He denies doing anything illegal and says all taxes were paid.
Comments
Want to discuss? Please read our Commenting Policy first.