You can see why Labour continues to be hopeful about the Panama Papers

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Spain’s acting Industry Minister Jose Manuel Soria says he’s resigning with immediate effect after alleged links to offshore dealings that emerged after he was named in the Panama Papers.

Soria has denied all wrongdoing, but said on Friday he was stepping down to limit any damage to the caretaker government, the People’s Party, following revelations of alleged links to an offshore company in the British island of Jersey.

The resignation comes at a time when Spain is facing the likelihood of a second general election in June after an inconclusive December vote.

The latest polls have shown the PP gaining ground, despite a string of corruption scandals involving regional politicians this year, as voters tire of left-wing parties’ failure to put aside differences to form a coalition government.

Leaks from the Panama-based law firm Mossack Fonseca have embarrassed several world leaders and shone a spotlight on the shadowy world of offshore companies by revealing the financial arrangements of prominent figures.

The desperation of the Labour Party is such that they have nothing left to lose.  They might as well pin all their hopes to something, anything at all, that will implicate a National MP – or better yet – Key himself.

The thing is, I almost hope they find something for no other reasons than to see the Media Party and Labour during the aftermath when the polls still put National at 47-50%.

National’s support is only partially due to Key and National, but the big difference is the aversion the voters have of Labour and its likely partners.  And no amount of gotcha politics will turn those numbers around.

 

– Reuters, via Newshub


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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.

To read Cam’s previous articles click on his name in blue.

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