Little Papers: Iceland's pm walking out of interview over tax questions

Iceland's pm stepped out of an meeting when inquired about his investment strategies in an overseas organization. Sigmundur Davíð Gunnlaugsson was requested by Sweden's SVT tv, about a organization known as Wintris, which he and his spouse purchased in 2007. In the video clip, created by the Protector, Mr Gunnlaugsson guarantees the hiring managers no guidelines were damaged and says everything "is announced on the tax review from the beginning". He then walking out of the meeting, saying: "What are you trying to make up here? This is completely unsuitable." http://adf.ly/1Yms2c

In the most important information flow so far, 11 thousand information organised by Panama-based law office Mossack Fonseca were approved to the In german paper Seddeutsche Zeitung, which distributed them with 107 press organizations around the world.The released information display Mr Gunnlaugsson co-owned Wintris Inc. with his spouse Ould - Sigurlaug Pálsdóttir.Read moreLeaked information expose how super-rich cover up their moneyCourt information seen by the BBC display Wintras had investment strategies in the ties of three significant Icelandic financial institutions which flattened during the 2008 economic problems. The business shows up as a lender with huge amount of cash in statements in the banks' insolvencies.Mr Gunnlaugsson did not announce an interest in the organization when coming into parliament during 2009 and marketed his 50 % discuss to his spouse for $1 (70p) eight months later.He opposed stress from international lenders in order to the banks' remains in full - which may have negatively impacted both the financial institutions and the value of the ties organised by Wintris.Since the meeting, the primary minister's office has said his shareholding was a mistake and "it had always been clear to both of them that the primary minister's spouse possessed the assets".Read more 'Panama Papers' flow shows how the extremely wealthy cover up their money Mossack and Fonseca - the attorneys at the center of international controversy Little Papers: Mossack Fonseca’s reaction to flow of personal documentsA spokesperson said combined discuss accreditations had been released because the pm and his spouse had a combined banking consideration.The pm now encounters phone demands really easy selection. Former pm Jóhanna Sigurðardóttir said he would have to step down if he could not restore the public believe in, encouraging him to "give a uncomplicated consideration of all the important points of the matter".