Breaking News, News

10 Nigerian, 26 other African politicians implicated in Pandora Papers

The Pandora Papers, a leak of almost 12 million documents that reveal hidden wealth, tax avoidance and, in some cases, money laundering by some of the world’s rich and powerful, implicated no lesser than 36 African politicians.

This was discovered when NewsWireNGR observed an interactive map provided by the International Consortium of Investigative Journalists (ICIJ).

These politicians were identified across 10 African countries. Nigeria (10), Morocco (3), Ghana (3), Chad (2), Congo-Brazzaville (2), Angola (9), South Africa (2), Zimbabwe (2), Mozambique (1), and Kenya (2).

 

One of the politicians fingered in Nigeria is the former governor of Anambra state, Peter Obi.

According to the investigation, the former PDP vice-presidential candidate in the 2019 general elections discreetly set up a company called Gabriella Investments Limited, in the British Virgin Island and in the process violated some Nigerian laws which include Tax Evasion.

Asked about his offshore assets and shell companies, Obi told Premium Times that: “I am sure you too will not like to pay inheritance tax if you can avoid it.”

Leave a Reply