But how is Peter Obi better than Yahaya Bello? Yahaya Bello allegedly used state funds to pay for his children's school fees. Peter Obi used state funds to invest in his own bank. Close to $35 million. Money that was earning interest for his bank, Fidelity Bank. Interest that was going into his pocket. That was why he refused to build even a single nursery school for eight years. If he built schools with the money, how would he make money from it in his bank?

If I am lying, let Peter Obi sue me. I have all the facts.

In terms of developmental projects, Yahaya Bello is better than Peter Obi. In terms of corruption and conflict of interest, none is better.

#TableShaker

Magnetic010:
But why is Reno attacking Obi relentlessly do they have a personal beef

sekundosekundo:
Reno Omokri should tell us his achievements working under GEJ.

He stol£ this sho£ from Borno IDP camp.

sekundosekundo:


He was paid to divert attention from APC failed government.

okoro:
stale

Peter Obi, his daughter and a secret business

Mr Obi has two children- a daughter, Gabriella Nwamaka Frances Obi, and a son, Gregory Peter Oseloka Obi. Sometime in 2010, more than four years after he became governor, the politician developed an appetite to set up his first discreet company in the British Virgin Island. He named the company Gabriella Investments Limited, after his daughter.

To set up what has now become a convoluted business structure, Mr Obi first approached Acces International, a secrecy enabler in Monaco, France, to help him incorporate an offshore entity in one of the world’s most notorious tax havens noted for providing conduits for wealthy and privileged corrupt political elites to hide stolen cash to avoid the attention of tax authorities.

StOla:
Even Peter Obi cannot deny this.

And when the profit started coming in like a flood, he quickly set up secret offshore accounts in his daughter's name, in addition to the foreign accounts he still operated in the UK that was against the law.

The Pandora reports will one day be used to send Peter Obi to jail.

okoro:
let us see the evidence that he was paid stop behaving like Agulu Pandora with wrong figures always

sekundosekundo:


Show your evidence.

PREMIUM TIMES contacted Mr Obi with written questions and had an in-person interview with him weeks ahead of this publication.

The former governor admitted that he did not declare these companies and the funds and properties they hold in his asset declaration filings with the Code of Conduct Bureau, the Nigerian government agency that deals with the issues of corruption, conflict of interest, and abuse of office by public servants.

He said he was unaware that the law expected him to declare assets or companies he jointly owns with his family members or anyone else.

StOla:
Even Peter Obi cannot deny this.

And when the profit started coming in like a flood, he quickly set up secret offshore accounts in his daughter's name, in addition to the foreign accounts he still operated in the UK that was against the law.

The Pandora reports will one day be used to send Peter Obi to jail. If you have evidence of this allegation you do us a favor by reporting to Efcc at least your on rulling gang that's makes it more easy for you to be recognise

Breaking the Law: Number 1

In Nigeria, a person is statutorily obligated to withdraw from engaging in or directing a private business, except if it is farming, upon becoming a public officer, Section Six (6) of the Code of Conduct Bureau and Tribunal Act stipulates.

However, our investigation, based on records obtained from the UK Companies House shows that Mr Obi continued to be a director of Next International (UK) Limited for 14 months after becoming the governor of Anambra State, thereby breaking Nigeria’s law. The politician resigned from the company on May 16, 2008, 14 months after he assumed duties as Anambra governor. He took office on March 17, 2006.


Mr Obi did not dispute the records PREMIUM TIMES cited but he claimed he “resigned immediately” by handing his wife his resignation letter. He suggested that his company might have failed to effect the changes on time or the UK Companies House did not immediately document his exit. But the UK companies registry said Mr Obi indeed resigned on May 16, 2008, and that it received his notice of resignation for electronic filing on June 16, 2008.

Breaking the law: Number 2

Nigerian public officers are required to declare “immediately after taking office and thereafter all” their properties, assets, and liabilities and those of his (or her) unmarried children under the age of eighteen years,” Nigeria’s 1999 Constitution stipulates (Section 11, Part of the Fifth Schedule).

PREMIUM TIMES investigation also found that Mr Obi breached this constitutional provision on assets declaration. We can authoritatively report that Mr Obi did not declare to the Code of Conduct Bureau the companies he tucked away in offshore secrecy havens.

Mr Obi caused to be created for him a structure of secrecy that had previously, until the Pandora Papers investigation, meant he could continue to hold foreign assets in a way that breaches Nigeria’s law without the knowledge of authorities in the country. In an extra layer of secrecy, Mr Obi used paid nominees as directors, while he remains the ultimate beneficial owner, making it nearly impossible to discover his interests in those companies but we obtained rare incorporation documents proving his link.

Otherwise, Mr Obi could have forever hoped to continue to hold the assets, that he did not declare when he had a statutory obligation to do so as a governor, without any authority or the public calling him to account.

In his response, Mr Obi ridiculously suggested that those offshore companies and assets are jointly owned with his family members and that he was not under obligation to declare companies jointly owned. “I don’t declare what is owned with others,” Mr Obi told PREMIUM TIMES. “If my family owns something I won’t declare it. I didn’t declare anything I jointly owed with anyone.”

This is contrary to the position of the Constitution, which specifies the declaration of all assets, whether jointly or partly owned, PREMIUM TIMES’ reporters told Mr Obi. He said he was not aware of that provision of the law.

Nevertheless, leaked records show Mr Obi is the sole ultimate beneficial owner of the offshore companies. So he did not even jointly own it with anyone.

In that case, Mr Obi has violated Nigeria’s Code of Conduct law and, if authorities decide to act appropriately, he could be arraigned before the Code of Conduct Tribunal, a special court that tries public officers for any contravention of the Code of Conduct for Nigerian public officers as spelt out in the Fifth Schedule of the Nigerian constitution.

The Code of Conduct Bureau (CCB) and the Code of Conduct Tribunal (CCT) were established to enforce “a high standard of morality in the conduct of government business, and to ensure that the actions and behaviour of public officers conform to the highest standards of public morality and accountability.”

Breaking the law: Number 3

The former governor could be charged with failing to declare his offshore holdings and their associated assets and operating foreign accounts while being a public officer.

The Nigerian constitution and the Code of Conduct Bureau and Tribunal Act forbid a public officer from maintaining or operating a bank account outside Nigeria. However, as a governor, Mr. Obi continued to operate and maintain foreign accounts, including with Lloyds TSB.

Mr. Obi told PREMIUM TIMES that he received the advice to create an offshore structure from Lloyds TSB, which then introduced him to intermediaries who helped him to set up com where he continued to operate a foreign account as a governor.

The offences violate sections of the Fifth Schedule of the Constitution of the Federal Republic of Nigeria 1999, as amended.

Asked if he is concerned that Nigerians would be disappointed at him following our finding of his opaque and lawless dealings as a governor, Mr Obi said he was more concerned about his U.K. and U.S. schools alumni network, his business and foreign creditors. He insisted that he served well as Anambra governor and Nigerians already have their opinions about him.

Mr Obi and missed tax opportunity
In June 2017, the federal government launched the Voluntary Assets and Income Disclosure Scheme (VAIDS), an initiative seeking voluntary disclosure of previously undeclared assets and income with a view to paying all outstanding liabilities. The VAIDS offered a nine-month window and incentives that included immunity from prosecution for tax evasion and undeclared assets, which would have benefited people like Mr Obi.

A key objective of the VAIDS was curbing illicit financial flows and tax evasion, which commonly feature the use of offshore holdings to shift taxes from where they are earned to havens where little or no taxes are paid.

The government in 2017 said defaulting individuals and corporate bodies who failed to take advantage of the VAIDS would be subject to criminal prosecution.

A number of Nigerian public officials with previously undeclared assets tucked away overseas participated in the VAIDS and got clearance certificates. Mr. Obi shunned the scheme and continued with his opaque business dealings in breach of the law.

okoro:

Omokri on X

StOla:


Evidence yapaa naa.

Even Peter Obi was thoroughly grilled by Premium Times.

I shame for the olodo with the type of responses he had for the questions that Premium Times put before him.

He shamelessly went on some TV stations and still made a mess of himself.

https://www.premiumtimesng.com/news/headlines/487997-pandora-papers-inside-peter-obis-secret-businesses-and-how-he-broke-the-law.html

sekundosekundo:



Even Thifnubu was indicted but he's your savior while Obi is the thief ABI?
https://www.google.com/url?q=https://www.premiumtimesng.com/news/headlines/202000-panamapapers-tinubu-operated-12-shell-companies-tax-havens.html&sa=U&ved=2ahUKEwjXjIG3mOKFAxXEgv0HHXsYBHoQFnoECAoQAg&usg=AOvVaw1ILkwgdjuqnIKfNzGK4AdU

sekundosekundo:


He was paid to divert attention from APC failed government.

okoro:
Wale Tinubu not Bola Tinubu

Ikembeku:
The mistake OBI will do is to acknowledge Reno's existence.

Once that is done OBI becomes useless

sekundosekundo:


We have more evidence. Thifnubu is the father or all corrupt politicias in Nigeria.

HNICEARTH:
Peter Obi, the most influential politician in iboland.

Reno mockery, anywhere belle face cho cho cho for hire.