REYKJAVIK: He came to power as a white knight riding a wave of anti-bank fury after Iceland’s financial crisis, but Sigmundur David Gunnlaugsson was forced to resign as Prime Minister Tuesday after hiding offshore holdings.

“Iceland has not been marked by class division in the same way as many other countries, and this is one of the many advantages of living here. But we cannot take it for granted that this will always be the case,” he said in an Independence Day speech on June 17, 2013.

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