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Nairaland Forum / Nairaland / General / Politics / How To Explain Panama Papers Into Terms A 5-year-old Could Understand (38922 Views)
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Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by dayoungmoney1: 2:00pm On Apr 05, 2016 |
Typing... Secret record of thieves |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by Ajusshi: 2:01pm On Apr 05, 2016 |
But why take a pig to the bank in the first place? 1 Like |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by McBrooklyn(m): 2:02pm On Apr 05, 2016 |
Ok |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by kingopta(m): 2:02pm On Apr 05, 2016 |
very explanatory indeed...many heads will roll in this case |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by wintersnow(m): 2:02pm On Apr 05, 2016 |
Me wey be adult no even grab sef.... |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by modath(f): 2:06pm On Apr 05, 2016 |
Firefire: Not only Naija, all over the world!!!! Shite don hit the ceiling, even David Mark don buy hin own! I love Messi & I wouldn't bat an eyelid about him!! Likewise anyone.. |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by dyn1800: 2:09pm On Apr 05, 2016 |
only IBORI MENTIONED SO FAR Firefire: |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by xto86(m): 2:10pm On Apr 05, 2016 |
This explanation is epic
|
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by tolexy007(m): 2:10pm On Apr 05, 2016 |
Op, God bless you. now i can understand what the panama paper is all above... |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by okezed: 2:14pm On Apr 05, 2016 |
so saraki is Michael. lol |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by kajoula(m): 2:16pm On Apr 05, 2016 |
Firefire: |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by mubarak001(m): 2:17pm On Apr 05, 2016 |
piggy bank, what of fishy bank and birdy bank.. |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by schumastic(m): 2:17pm On Apr 05, 2016 |
feldido: kolo would v been preferable but still some kids won't know what it is
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Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by OrlandoOwoh(m): 2:21pm On Apr 05, 2016 |
We call it kolo omode. Parents prefer the one made with clay. This is because while the child can drop money in it, (s)he can remove it. |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by Topeakintola: 2:21pm On Apr 05, 2016 |
chrisandy100: OP Why did you plagiarise this article and did not make the necessary attribution? This article was lifted from the Guardian, copy and pasted on a blog without proper referencing Cc: Seun Lalasticlala Please change the source to: http://www.theguardian.com/world/2016/apr/05/how-to-explain-offshore-banking-and-when-it-is-naughty-to-a-5-year-old 7 Likes |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by Peterwins(m): 2:23pm On Apr 05, 2016 |
Piggy bank (sometimes penny bank or money box) is the traditional name of a coin container usually used by children. The piggy bank is known to collectors as a "still bank" as opposed to the "mechanical banks" popular in the early 20th century. These items are also often used by corporations for promotional purposes. The use of the name 'piggy bank' gave rise to its widely-recognized 'pig' shape, and many financial services companies use piggy banks as logos for their savings products. source: https://en.wikipedia.org/wiki/Piggy_bank |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by 4nobody4every1: 2:27pm On Apr 05, 2016 |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by weselomo(m): 2:30pm On Apr 05, 2016 |
the last I heard of panama was in prison break, think this panama and crime always have things in common 1 Like |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by Johnsmartinyang(m): 2:35pm On Apr 05, 2016 |
Firefire:......even bola tinubu....ibb...atiku.....oshomolie..lie Mohammed...... Etc |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by Peterwins(m): 2:35pm On Apr 05, 2016 |
There's no big deal (not surprised) about the Panama Papers as the existence and operations of these tax havens are open secrets. Large corporations such as Google (now Alphabet Inc), Apple, etc have huge sums in these tax haven countries for tax avoidance and/or tax evasion purposes. Pandora's box is now open. |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by efilefun(m): 2:35pm On Apr 05, 2016 |
Oga James Ibori the prisoner surfaced on the list, that dude might remain in prison for the rest of his life zimoni: |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by freecocoa(f): 2:42pm On Apr 05, 2016 |
I'm wondering if GEJ kept a piggy bank at johnny's. Who knows? I hope they don't also corrupt the system of finding out, seeing as almost everything is now corrupted. |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by zimoni(f): 2:43pm On Apr 05, 2016 |
efilefun: Thanks for the update Bro. I also saw it online. 16 Years in power, yet we are still in this mess. No good roads, no electricity, no job, about 30Bn USD reserve, no feul nothing. PDP ruined Nigeria for 16years and handed over to APShee who promised us change but not playing another casette. Truth is, Nigeria is bleeped. We have never had selfless political leaders, they all want to loot and hand over to the next looters. We don enter am. I don't think think there's any hope for this bleeped country. Lawd Have Mercy. |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by bxcode(m): 2:43pm On Apr 05, 2016 |
The world is truly a deadly place. Some of these culprits are top government officials whom millions of lives have been entrusted into their hands. Money and power corps absolutely!! |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by awakeuche(m): 2:46pm On Apr 05, 2016 |
I've always wondered at the name "piggy bank" was the first one originally owned by a plump pink pig, why not a goaty bank since goats are neater and can survive on less. I can't see a Nigerian going to the trouble of wanting to own a bank riddled with pigs. |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by Peterwins(m): 2:47pm On Apr 05, 2016 |
[size=8pt]Illicit capital flight from the developing world is estimated at ten times the size of aid it receives and twice the debt service it pays.[109] About 60 per cent of illicit capital flight from Africa is from transfer mispricing, where a subsidiary in a developing nation sells to another subsidiary or shell company in a tax haven at an artificially low price to pay less tax.[110] An African Union report estimates that about 30% of sub-Saharan Africa's GDP has been moved to tax havens.[111] One tax analyst believes that if the money were paid, most of the continent would be "developed" by now.[112] source: https://en.wikipedia.org/wiki/Tax_haven |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by jesuspikinjp(m): 2:47pm On Apr 05, 2016 |
There shouldn't be a problem if the money they are keeping away come from their sweats. |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by cocoberry(f): 2:48pm On Apr 05, 2016 |
2 Likes |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by Oladelejosiah: 2:51pm On Apr 05, 2016 |
Am here to read comments... |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by efilefun(m): 2:52pm On Apr 05, 2016 |
zimoni: To me i believe Buhari can still outperform anybody from PDP but the only issue is those people surrounding him |
Re: How To Explain Panama Papers Into Terms A 5-year-old Could Understand by seangy4konji: 2:55pm On Apr 05, 2016 |
The love of money though. Keep sort of money in panama and millions no even get a bank account here not to talk of job. Why will the Lebanese not treat us anyhow. When you can train Nigerians to make biscuits and sweet and build the companies and every one has o e job or d other. Black is not a good color except for done hoes and t shirts. |
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