Nawaz Sharif faces growing pressure and calls for his resignation, a Spanish minister has stepped aside, and more governments are pledging reform as fallout from the Panama Papers revelations continues.
The search of Mossack Fonseca’s Panama headquarters comes after a number of raids and official action taken in response to the Panama Papers revelations.
David Cameron has tried to defuse public anger over details of his offshore holdings, announcing new steps aimed at boosting transparency.
David Cameron appeared before parliament on Monday to address concerns about his own links to offshore holdings revealed in the Panama Papers, as well as announce reform aimed at boosting transparency.
The global response to Panama Papers continues, with the British Prime Minister admitting to benefiting from an offshore fund set up by his father, pledges for reform and investigations from the U.K. and U.S., and a new committee established in Panama to probe the country’s financial transparency.
The prime minister of Iceland said he would resign following mass protests triggered by reports from ICIJ and partners that he had owned an offshore company in the British Virgin Islands with his wife.