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James Ibori Listed In Panama Papers by Ridwan1821: 7:09am On Apr 04, 2016 |
– 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. |
Re: James Ibori Listed In Panama Papers by powerfulsettingz: 7:25am On Apr 04, 2016 |
James ibori the junior brother to abacha |
Re: James Ibori Listed In Panama Papers by castrokins(m): 7:30am On Apr 04, 2016 |
A Nigerian Or More Must Make The Cut... |
Re: James Ibori Listed In Panama Papers by DaBullIT(m): 7:31am On Apr 04, 2016 |
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 1 Like
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Re: James Ibori Listed In Panama Papers by Nelsizzy(m): 7:31am On Apr 04, 2016 |
Oya Buhari do the needful |
Re: James Ibori Listed In Panama Papers by Ridwan1821: 7:38am On Apr 04, 2016 |
DaBullIT:I copied it from naij.com and I posted d link at d end of d news. |
Re: James Ibori Listed In Panama Papers by Flexherbal(m): 7:46am On Apr 04, 2016 |
When you hear things like this, you will just know why there is poverty in the land. 1 Like |
Re: James Ibori Listed In Panama Papers by Nobody: 8:14am On Apr 04, 2016 |
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. |
Re: James Ibori Listed In Panama Papers by Ridwan1821: 9:26am On Apr 04, 2016 |
DaBullIT:Thats good. People like Abacha, Ibori e.t.c have damaged Nigerians image abroad. |
Re: James Ibori Listed In Panama Papers by Drdonzeez(m): 10:21am On Apr 04, 2016 |
once a Thief,always a thief. |
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