Icelandic PM resigns in wake of Panama Papers scandal: Party

Reykjavik - Agence France-Presse

Iceland's Prime Minister Sigmundur David Gunnlaugsson attends a session of parliament in Reykjavik, Iceland on April 4, 2016. AFP photo

Iceland's Prime Minister Sigmundur David Gunnlaugsson has resigned, his party said on April 5, the first major political casualty to emerge from the leak of the so-called Panama Papers financial documents.

"The prime minister told (his party's) parliamentary group meeting that he would step down as prime minister and I will take over," the Progressive party's deputy leader and Agriculture Minister Sigurdur Ingi Johannsson told a live broadcast.