General - Current Affairs Questions and Answers for Q. 20741
Q. Which country’s PM resigned following the Panama Papers leak?- Published on 06 Apr 16
c. New Zealand
Numerous politicians, celebs and criminals have been implicated in a 11 million strong cache of leaked files showing how the rich stored their money using offshore assets and illegally saved on tax.
- Iceland’s PM Sigmundur David Gunnlaugsson' resigned- he and his wife were implicated in the scam
- Leak has been dubbed Panama Papers by ICIJ or International Consortium of Investigative Journalists, a non profit group in the US which originally published them
- Panama law firm Mossack Fonseca has been the creator of some of the world’s biggest shell firms
- 12 current and former world leaders as well as 128 prominent figures are those named in the records