I think Pandora Papers is a commendable effort of Journalists community. But I think the whole issue is being blown out of proportion.

In my limited understanding, this sort of investigation is required to keep a strict vigil on those who otherwise assume that their acts, in spite of being in flagrant violation of law, would go unnoticed. This is no one's case that every person named in the list has illegally stashed monies abroad and evaded tax in Nigeria. Law will follow its course and upon careful perusal of the evidence available, those who are proven to have violated law of the land, will be dealt with accordingly.Until then......

It is totally permissible to have overseas investments, including in the nature of holding shares in an overseas company, or being a director in overseas companies, but the same has to be with in the four corners of the law governing such investments. For instance, the overseas direct investment policy of the Central Bank of Nigeria.

Similarly, it is totally legal to plan one's investment in a way so that minimum tax liability is attracted.This is called tax planning and has to be completely differentiated from tax evasion which is avoiding to pay taxes against the tax liability which has accrued on the tax payer.

I think that, as usual, the media is whipping up a villagers-with-pitchforks type of hysteria, whilst not in full possession of the facts or any understanding of company law.

There is nothing intrinsically illegal about setting up companies offshore. And there's nothing intrinsically illegal about trying to limit one's tax liability.

That's not to say that people don't do this stuff to hide assets or launder money. But you can't just assume that everyone named in the papers is a criminal just because you don't like or understand what they have done.

Now, people may not like a law that allows rich people to get richer and pay less tax. I'm not a fan of it myself, but there shouldn't be a witch hunt against them, we should all calm the hell down and think about whether the legislative framework in this area should be altered.

At this juncture, what is required at our end is to refrain from forming opinion about the individuals named in the list, And viewing these issues from a tribalistic lens and to carefully keep an eye on these investigations, and keep ourselves updated.

From what I have read so far all of the transactions, although embarrassing, are legal. I suspect that people will continue to scrutinize the records to see if there might be a ground for criminal prosecution.

There where rumours that the social media outage yesterday was linked to the Pandora papers.

There's no too much problem when a private individual is cut in this kind of dirt.. Same cannot be said of public office holders.

For recap, the claims against him are as follows:
(1) He did not resign on time.
If the letter was submitted by him on time, and the filing was delayed by the firm. Who do you hold responsible?
(2) He did not report assets he, or his children, owned.
But according to property law, do you own that which you only partly have a claim to?
(3) He operated/maintained a foreign account while being Governor.
Can any national-level politician holding public office currently claim not to be doing so? CCB knows this, so it ignores enforcement.

Perfectbeing:
There's no too much problem when a private individual is cut in this kind of dirt.. Same cannot be said of public office holders.

We have to keep asking questions

Peter Obi is a fraud, not fit to be governor, I wonder what akpu and ogbono he used to scam Ndi anambra

pavoda:
For recap, the claims against him are as follows:
(1) He did not resign on time.
If the letter was submitted by him on time, and the filing was delayed by the firm. Who do you hold responsible?
(2) He did not report assets he, or his children, owned.
But according to property law, do you own that which you only partly have a claim to?
(3) He operated/maintained a foreign account while being Governor.
Can any national-level politician holding public office currently claim not to be doing so? CCB knows this, so it ignores enforcement.

would you say all these if Tinubu was the case study?

Attempt to discredit Peter obi before next election

Yes! Tinubu tho has a criminal history linked to drugs. But with regards to his CCT trial I didn’t see any issues before the Tran begun

Perfectbeing:
would you say all these if Tinubu was the case study?