Pandora Papers: I broke no law —Obi Former Anambra State Governor and Peoples Democratic Party, PDP, Vice Presidential Candidate in the 2019 election, Mr Peter Obi, has reacted to a media report that he breached Nigerian laws by engaging in secret businesses set up in tax havens, insisting that he broke no law.
The International Consortium of Investigative Journalism (ICIJ) is a group of journalists committed to unearthing the corrupt business activities of people in power, politically exposed people and other highly placed individuals around the world. Their findings are contained in the published Pandora Papers. The recent publication was done on Sunday the 4th of October.
Today's Headlines: Politicians Angry Because I'm Preaching Savings-Obi; Doyle Reacts To Allegations.
Politicians Angry Because I'm Preaching Savings - Obi A former governor of Anambra State, Peter Obi, has said politicians linked him with the Pandora Papers because he was preaching savings and borrowings in an economy depleted by debt. Photo Credit: Punch Newspapers Obi revealed he served on the board of 11 companies before he became governor, saying his quest for savings for the future, both in private and public life, had severely pitched him against people.
Peter Obi has dismissed a report by Premium Times, which disclosed that the former governor had concealed a number of offshore businesses and investments when he was at the helm of affairs in Anambra State. Peter Obi, the former governor of Anambra State, has been hard forced to dispute the disclosures about his secret international business connections since local media outlets began publishing the leaked Pandora Papers.
Pandora Papers contain findings of some independent investigative journalists which exposed how some rich and influential leaders, businessmen and others operate offshore companies to evade tax. It gave further insights into the kind of deals these people engage in. After the reports were published, many Nigerians and other people around the world were expecting that the anti-corruption agencies of the countries whose citizens were accused of being involved in these deals will take action to make the people to account for their dealings and possibly have their day in court.
The Pandora Papers continue to unveil the alleged misconduct of some Influential personalities in the country which include prominent politicians and religious clerics. The latest revelation was that of Pastor Oyedepo who is a general overseer of a Christian institution in the country. The leaked papers argued that Mr Oyedepo has family businesses in a tax haven country.
Not less than ten Nigerian politicians have been stated in Pandora Papers, as eight African countries featured in the document. Photo credit: @Punch Newspaper According to the International Consortium of Investigative Journalists, in totality, there are 336 politicians listed in the document published on Sunday.
Pandora Papers: Buhari Should Institute Special Panel On Peter Obi & Governor Bagudu Secret Dealings
Both present Governor of Kebbi State, Abubakar Atiku Bagudu, and former Governor of Anambra State, Peter Obi were fingered in the Pandora Papers document. They both hid a lot of money in foreign countries. Many Nigerians have asked the President to institute a special panel on the Pandora Papers.
Secret wealth of the rich and powerful are no longer hidden to the world as the Pandora Papers has exposed a new leak of the hidden treasures of the financial data that have convulsed the offshore world since 2013. Photo credit: @Ghana Business News The data exposed more than 11.9 million records, amounting to about 2.94 terabytes of data, on how money is hidden by the wealthy in ways that law enforcement agencies could not detect.
The former governor of Anambra State and 2019 PDP Presidential running mate of Alhaji Atiku Abubakar Mr Peter Obi is one of the outspoken politicians in Nigeria, Peter Obi is an advocate of good governance, and transparency, he has recommended several strategies on how to run a successful government in Nigeria.
Reno Omokri has recently related the shutting down of Facebook , WhatsApp and Twitter to the publication of Pandora papers. In his own words, he said "the shutdown of WhatsApp, Facebook, Instagram, and the general slowness of other social media sites coinciding with the publication of earth shattering Pandora papers is very suspicious.
The Pandora Papers were revealed and many African leaders were fingered in it, but the Pandora Papers forgot to mention the case of illegal weapons and fundings of terrorism in African countries like Nigeria. It is known that no African country produces these sophisticated weapons used by terrorists.
Several news sources reported over the weekend that the anti-graft commission, EFCC invited the former vice presidential candidate to face questioning over his secret business dealings and offshore accounts exposed in the Pandora papers leak. According to Premium Times, The Pandora Papers alleges that Peter Obi incorporated offshore holdings, which he did not declare to the Code of Conduct Bureau when he served as governor of Anambra state.
According to Premium Times, a number of high-profile Nigerians have been mentioned in the Pandora Papers controversy for breaking "existing laws and legislations as they hide these assets." The Pandora Papers investigation is based on the leak of 11.9 million documents from 14 financial services companies around the world, involving 600 journalists from outlets such as The Washington Post, the BBC, The Guardian, and Nigeria's Premium Times.
Former vice presidential candidate and Anambra state governor Peter Obi recently dismissed reports relating to his involvement with the infamous Pandora Papers scandal. The former governor also revealed during an interview with the Arise News Network on how politics affected him financially. Peter Obi: Photos credit: Instagram.
After the Pandora Papers revealed the names of those inmate Nigerians that were being featured in the list, there is an increased pressure on President Muhammadu Buhari to probe one of his key allies, Atiku Bagudu, the Governor of Kebbi State, alongside with a PDP Chieftain and a former Governor of Anambra State, Peter Obi, and all other Nigerians that were mentioned in the document that leaked the latest financial illegalities in the world.
The recent document of the International Consortium of Investigative Journalism (ICIJ) a global platform for investigative journalism has revealed the hidden businesses owned by over 35 current world leaders and over 135 public officers in over 91 countries around the globe. Their findings published on Pandora Papers listed the former Governor of Anambra State and PDP Vice Presidential candidate in the 2019 presidential election, Peter Obi as one of the influential people with hidden offshore companies in Panama and British Virgin Islands.
Photo Credit: The Premium Times The first series of Pandora Papers scandal/investigation (which is based on the leak of some 11.9 million documents from 14 financial services companies around the world), published on Monday, had reportedly disclosed how some of the most influential Nigerians among whom is the former Governor of Anambra State, Peter Obi, kept secret assets he did not declare to Nigeria’s Code of Conduct Bureau (CCB).
Former Governor of Anambra State, Peter Obi, has responded to reports that he violated Nigerian laws by having secret investments established in tax havens, stating that he violated no law. The former Governor said it was gladdening that nowhere in the report was he accused of any form of corruption, either in the diversion of public funds or in any form during and after his tenure as Governor of Anambra State.
Why Peter Obi Should Continue To Pursue His Presidential Ambition In Spite Of Pandora Papers Release
Pandora Papers have indicted Peter Obi, they said he hides assets to evade tax and not also declare those assets to the code of conduct bureau, which is an offense in Nigeria. This might affect his Presidential ambition, due to the fact that he is positioned as one of the qualified presidential candidates from the South East geopolitical zone of Nigeria.