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"Putin. Offshore, Impeachment." -- A lone protester holds up a sign in Moscow protesting over the fact that Russian President Vladimir Putin is seen to have been implicated in murky financial dealings revealed in the Panama Papers
"Putin. Offshore, Impeachment." -- A lone protester holds up a sign in Moscow protesting over the fact that Russian President Vladimir Putin is seen to have been implicated in murky financial dealings revealed in the Panama Papers

Live Blog: The Panama Papers

Follow all the latest developments as they happen

Final Summary for April 13

-- The Russian cellist linked by the Panama Papers to murky offshore finances says the money came from donations.

-- German Finance Minister Wolfgang Schaeuble has outlined details of a plan to combat tax havens in the wake of the Panama leaks.

-- British Prime Minister David Cameron is set to announce that new legislation making companies criminally liable if employees aid tax evasion will be introduced this year

-- -- Cameron had earlier published his tax records in an attempt to draw a line under questions about his personal finances raised by the mention of his late father in the Panama Papers for setting up an offshore fund.

-- The unauthorized use of the International Red Cross's name by entities listed in the Panama Papers poses "enormous" risks for its operations and staff, the head of the humanitarian body said.

-- Several thousand people filled a big square in Malta's capital on April 10 and demanded the resignation of Prime Minister Joseph Muscat after the leaked Panama Papers said two of his political allies had offshore accounts.

-- Police have raided the El Salvador offices of the Panama-based law firm at the heart of the "Panama Papers" scandal that has revealed how the wealthy in many countries stashed their riches offshore.

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This has been doing the rounds on social media all day:

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And now here's an update from Iceland, via AFP:

Fresh Antigovernment Protests Hit Rejkjavik

The leak of millions of documents exposing the hidden offshore dealings of political figures and celebrities across the world triggered huge demonstrations in Rejkjavik this week.
The leak of millions of documents exposing the hidden offshore dealings of political figures and celebrities across the world triggered huge demonstrations in Rejkjavik this week.

Thousands of Icelanders rallied in Reykjavik on Saturday to demand immediate elections on a sixth consecutive day of anti-government protests over the "Panama Papers" revelations which have already toppled the prime minister.

The leak of millions of documents exposing the hidden offshore dealings of political figures and celebrities across the world triggered huge demonstrations in Rejkjavik this week.

Prime Minister Sigmundur David Gunnlaugsson became the first political casualty of the scandal as he was forced to cave in to protestors' demands for his resignation over revelations that he and his wife owned an offshore company in the British Virgin Islands and had placed millions of dollars of her inheritance there.

The issue is particularly sensitive in Iceland following the 2008 collapse of the nation's three main banks, which plunged the country into a deep recession and left thousands mired in debt.

After Gunnlaugsson's resignation, there was a government reshuffle with Sigurdur Ingi Johannsson, a serving minister, taking over as head of the centre-right coalition comprising the Progressive Party and its junior partner, the Independence Party.

Although he pledged to bring the elections forward by about six months, there has been no let up in the protests or calls for the entire coalition's ouster.

Up to 6,000 people protested outside parliament on Saturday, according to a police estimate -- a major gathering in a country with a population of just 320,000.

Johannsson, who held the fisheries and agriculture portfolio in Gunnlaugsson's government, is seen by critics as emblematic of the old guard that turned a blind eye to the reckless investments that brought about Iceland's financial meltdown.

According to a poll carried out by Reykjavik University on Thursday and Friday, just over half -- 51 percent -- of Icelanders want to see a general election held as early as May or June, while 26 percent agree with Johannsson's proposal to hold the ballot in the autumn.

Another 23 percent want elections to go ahead as scheduled in April 2017, the poll showed.

Johannsson himself only enjoys the support of 23 percent.

By choosing to leave Finance Minister Bjarni Benediktsson and Interior Minister Olof Nordal -- both named in the Panama Papers -- in their posts, the new PM fuelled the protesters' anger.

Protesters waved placards calling for the two ministers to quit at Saturday's demonstration.

Read the entire article here

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We are now closing the live blog for today, but you can catch up with all our other coverage of the Panama Papers here.

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