In the first instance of a prominent politician taken down by the 11.5 million documents leaked in the Panama Papers, Iceland Prime Minister Sigmundur Davíð Gunnlaugsson resigned on Tuesday after fully 10 percent of Iceland’s population rallied in protest of his wife’s secret, offshore shell company holding millions.

Gunnlaugsson was asked about the account on the day the leak was announced in a television interview, and he walked out rather than answer the question:

The next day, “an estimated 22,000 Icelanders slung eggs and protested outside the Parliament building” demanding his resignation, as Common Dreams reported. Gunnlaugsson initially refused to bow to the public pressure, but eventually announced his resignation on Tuesday evening.

The New York Times described the nature of the scandal, and why it was so galling to Icelanders in particular that their prime minister was hiding cash offshore:

“The agriculture and fisheries minister, Sigurður Ingi Jóhannsson, told state broadcaster RUV that Gunnlaugsson was resigning as prime minister and that he would be replacing him,” the Guardian reported.

“This extends beyond the prime minister.”
—Paul Fontaine, Reykjavík Grapevine news editor

Critics were not satisfied. On Twitter, people condemned the fact that the new prime minister (along with other parliament members) also possessed a secret offshore corporation, and that Gunnlaugsson will still remain his party’s leader:

News editor of the Reykjavík Grapevine Paul Fontaine said Tuesday, “While the Prime Minister’s particular role in the Panama Papers leak is huge, and I don’t want to downplay it, I also don’t want to downplay the involvement other Icelanders—and the countless others around the world—also had in this.”

“This extends beyond the prime minister; it reaches parliament, it reaches Reykjavík City Hall, and it reportedly reaches hundreds of as yet unnamed Icelandic businesspeople,” Fontaine pointed out. “The greater crime, which the Panama Papers illustrate comprehensively, is that we have a secret economy connected to and even supporting some of the worst aspects of the global capitalist system.”

Many observers predict that further prominent recriminations will come as leaders around the world find themselves implicated in the shady dealings documented by the leak.

Indeed, U.K. Prime Minister David Cameron is currently defending himself from calls for an investigation after the leaked documents showed his deceased father held an undisclosed offshore company.