Panama Papers: Spanish Minister of industry resigns

9 years ago - Published in Finance, Fundamental Analysis

Jose Manuel Soria, Minister of Industry of the Spanish Government, has resigned after his name was in fact associated with an offshore company of those that have been mentioned in 11.5 million revealed to the press documents from an inside mole to law firm Mossack Fonseca. The name of Soria appears in top secret list.

"I sent my irrevocable decision to resign," he wrote the minister, "in view of the obvious damage that this situation due to the Government and People's Party" by Mariano Rajoy.
Previously, Prime Minister of Iceland had left office a few days after the scandal broke.