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Iceland's Prime Minister resigns over Panama Papers leak

epaselect epa05247020 Sigmundur David Gunnlaugsson, outgoing Prime Minister, arrives to attend party meetings on new government, at the Althingi, Iceland's parliament, in Reykjavik, Iceland, 06 April 2016. Iceland's Prime Minister Sigmundur David Gunnlaugsson resigned on 05 April, two days after the emergence of the so-called Panama Papers; leaks that involve 11.5 million documents from one of the world's largest offshore law firms, Mossack Fonseca, specialized in managing assets in tax havens. Gunnlaugssonn will continue to lead his party, which has nominated Agriculture Minister Sigurdur Ingi Johannsson as the new prime minister. The Panama Papers, made public by the International Consortium of Investigative Journalists and other media outlets, showed that Gunnlaugssonn and his wife, Anna Sigurlaug Palsdottir, owned a company in the British Virgin Islands called Wintris, in which he is accused of concealing millions of dollars. EPA/BIRGIR THOR HARDARSON ICELAND OUT

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