– Eleven million documents of leaked
documents reveal how world’s rich and
powerful hide their money
– James Ibori, who is currently in prison in UK,
listed in Panama Papers, the biggest leak of
financial data in history
– A network of secret offshore deals and vast
loans worth $2bn has laid a trail to Russia’s
president Vladimir Putin.

A huge treasure of secret documents from the
notorious Panamanian law firm Mossack
Fonseca was made public on April 3, Sunday,
revealing an immense web of offshore shell
companies used by members of the global elite
to evade taxes, hoard money, and skirt
economic sanctions.
The so-called Panama Papers exposes the
offshore holdings of 12 incumbent and former
world leaders and discloses how allies of
Russian President Vladimir Putin secretly
deverted as much as $2 billion through banks
and shadow companies.
The name of prominent Nigerian politician
James Ibori, a former Delta State governor
from 1999 to 2007, currently serving time in a
UK jail, also
appeared in the leaked documents.
Ibori pleaded guilty in a London court in 2012 to
conspiracy to defraud and money laundering
offenses. The ex-governor admitted using his
position to corruptly obtain and divert up to $75
million out of Nigeria through a network of
offshore companies, while authorities
supposed that the total amount he embezzled
may have exceeded $250 million. Ibori, who
received a 13-year prison sentence, used
millions of dollars to support a lavish lifestyle
that included six houses in London and a fleet
of Range Rovers, Bentleys and Mercedes.
Papers show how the Mossack Fonseca has
supposedly assisted their clients in laundering
money, evade sanctions and tax.
The giant leak of confidential documents
discloses:
– A network of confidential offshore
agreements and loans worth £1.4 billion that
leads to Putin;
– Twelve national leaders, comprising
Pakistan’s prime minister, president of Ukraine
and the prime minister of Iceland, are among
143 politicians exposed to have offshore
accounts, including several dictators;
– Six members of the House of Lords, three
former Conservative MPs and dozens of
donors to British political parties are among
those said to have benefited from tax havens;
A member of Fifa’s ethics committee, which is
alleged to be reforming the organisation,
worked as a lawyer for people charged with
bribery and corruption.
This leakage of documents is even bigger than
the amount of data stolen by Edward Snowden
in 2013.
Snowden will go down in history as one of
America’s most consequential whistleblowers,
alongside Daniel Ellsberg and Bradley Manning.
He is responsible for handing over material
from one of the world’s most secretive
organisations – the National Security Agency.
https://www.naij.com/787111-panamapapers-prominent-nigerian-putin-others-listed-biggest-leak-data.html?source=breaking.

James ibori the junior brother to abacha

A Nigerian Or More Must Make The Cut...

Ridwan1821 i found it

Send us the panama link abeg

I want to print out everything and hand it out to those crying about change

Oya Buhari do the needful

DaBullIT:
Send us the panama link abeg

I want to print out everything and hand it out to those crying about change

I copied it from naij.com and I posted d link at d end of d news.

When you hear things like this, you will just know why there is poverty in the land.

James Ibori being on the list is like telling children "the sky is blue". If the documents stretched far back as 1993 we may have an idea where the abacha loot is and what it was spent(or invested) on.

DaBullIT:
Ridwan1821 i found it

Send us the panama link abeg

I want to print out everything and hand it out to those crying about change

Thats good. People like Abacha, Ibori e.t.c have damaged Nigerians image abroad.

once a Thief,always a thief.