Peter Obi

#PandoraPapers
PANDORA PAPERS: Inside Peter Obi’s secret businesses — and how he broke the law
Peter Obi serially violated the law by failing to declare to the Code of Conduct Bureau the companies and assets he tucked away in secrecy havens.
ByTaiwo-Hassan Adebayo October 4, 2021 11 min read

Peter Obi, the ex-governor of Anambra State in Southeastern Nigeria, is widely regarded in Nigeria as an advocate of good governance, openness, and transparency.

In addition to speeches on his governance records and statistics-laden prescriptions for Nigeria’s development, he likes to talk about how hugely successful he became in business before diving into politics.

In speeches and in printed literature, Mr Obi is never shy, reeling out his numerous business affiliations and accomplishments. On his website, for example, the former governor said he “was chairman of Next International Nigeria Ltd, then chairman and director of Guardian Express Mortgage Bank Ltd, Guardian Express Bank Plc, Future View Securities Ltd, Paymaster Nigeria Ltd, Chams Nigeria Ltd, Data Corp Ltd and Card Centre Ltd.”

On that same platform, the former governor also described himself as the youngest board chairperson ever appointed by Fidelity Bank Plc, a 34-year old Nigerian lender listed on the Nigerian Stock Exchange.

But beyond the facade of priggish speeches and appearances, an investigation by PREMIUM TIMES has now shown that Mr Obi is not entirely transparent in his affairs as he likes Nigerians to believe.

The investigation is part of the global International Consortium of Investigative Journalists (ICIJ)-led Pandora Papers project.

The project saw 600 journalists from 150 news organisations around the world poring through a trove of 11.9 million confidential files, contextualising information, tracking down sources and analysing public records and other documents.






Peter Obi

#PandoraPapers
PANDORA PAPERS: Inside Peter Obi’s secret businesses — and how he broke the law
Peter Obi serially violated the law by failing to declare to the Code of Conduct Bureau the companies and assets he tucked away in secrecy havens.
ByTaiwo-Hassan Adebayo October 4, 2021 11 min read

Peter Obi, the ex-governor of Anambra State in Southeastern Nigeria, is widely regarded in Nigeria as an advocate of good governance, openness, and transparency.

In addition to speeches on his governance records and statistics-laden prescriptions for Nigeria’s development, he likes to talk about how hugely successful he became in business before diving into politics.

In speeches and in printed literature, Mr Obi is never shy, reeling out his numerous business affiliations and accomplishments. On his website, for example, the former governor said he “was chairman of Next International Nigeria Ltd, then chairman and director of Guardian Express Mortgage Bank Ltd, Guardian Express Bank Plc, Future View Securities Ltd, Paymaster Nigeria Ltd, Chams Nigeria Ltd, Data Corp Ltd and Card Centre Ltd.”

On that same platform, the former governor also described himself as the youngest board chairperson ever appointed by Fidelity Bank Plc, a 34-year old Nigerian lender listed on the Nigerian Stock Exchange.

But beyond the facade of priggish speeches and appearances, an investigation by PREMIUM TIMES has now shown that Mr Obi is not entirely transparent in his affairs as he likes Nigerians to believe.

The investigation is part of the global International Consortium of Investigative Journalists (ICIJ)-led Pandora Papers project.

The project saw 600 journalists from 150 news organisations around the world poring through a trove of 11.9 million confidential files, contextualising information, tracking down sources and analysing public records and other documents.


The leaked files were retrieved from some offshore services firms around the world that set up shell companies and other offshore entities for clients, many of them influential politicians, businesspersons and criminals, seeking to conceal their financial dealings.

The two-year collaboration has so far revealed the financial secrets of not less than 35 current and former world leaders, more than 330 public officials in more than 91 countries and territories.

Mr Obi is one of the individuals whose hidden business activities was thrown open by the project. Indeed, he has a number of secret business dealings and relationships that he has for years kept to his chest. These are businesses he clandestinely set up and operated overseas, including in notorious tax and secrecy havens in ways that breached Nigerian laws.

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.

The Pandora Papers, the biggest cross-border collaboration of journalists in history, is an investigation into a vast amount of previously hidden offshore companies, exposing secret assets, covert deals and hidden fortunes of the super-rich – among them more than 130 billionaires – and the powerful, including more 30 world leaders and hundreds of former and serving public officials across the world.





Peter Obi

#PandoraPapers
PANDORA PAPERS: Inside Peter Obi’s secret businesses — and how he broke the law
Peter Obi serially violated the law by failing to declare to the Code of Conduct Bureau the companies and assets he tucked away in secrecy havens.
ByTaiwo-Hassan Adebayo October 4, 2021 11 min read

Peter Obi, the ex-governor of Anambra State in Southeastern Nigeria, is widely regarded in Nigeria as an advocate of good governance, openness, and transparency.

In addition to speeches on his governance records and statistics-laden prescriptions for Nigeria’s development, he likes to talk about how hugely successful he became in business before diving into politics.

In speeches and in printed literature, Mr Obi is never shy, reeling out his numerous business affiliations and accomplishments. On his website, for example, the former governor said he “was chairman of Next International Nigeria Ltd, then chairman and director of Guardian Express Mortgage Bank Ltd, Guardian Express Bank Plc, Future View Securities Ltd, Paymaster Nigeria Ltd, Chams Nigeria Ltd, Data Corp Ltd and Card Centre Ltd.”

On that same platform, the former governor also described himself as the youngest board chairperson ever appointed by Fidelity Bank Plc, a 34-year old Nigerian lender listed on the Nigerian Stock Exchange.

But beyond the facade of priggish speeches and appearances, an investigation by PREMIUM TIMES has now shown that Mr Obi is not entirely transparent in his affairs as he likes Nigerians to believe.

The investigation is part of the global International Consortium of Investigative Journalists (ICIJ)-led Pandora Papers project.

The project saw 600 journalists from 150 news organisations around the world poring through a trove of 11.9 million confidential files, contextualising information, tracking down sources and analysing public records and other documents.


The leaked files were retrieved from some offshore services firms around the world that set up shell companies and other offshore entities for clients, many of them influential politicians, businesspersons and criminals, seeking to conceal their financial dealings.

The two-year collaboration has so far revealed the financial secrets of not less than 35 current and former world leaders, more than 330 public officials in more than 91 countries and territories.

Mr Obi is one of the individuals whose hidden business activities was thrown open by the project. Indeed, he has a number of secret business dealings and relationships that he has for years kept to his chest. These are businesses he clandestinely set up and operated overseas, including in notorious tax and secrecy havens in ways that breached Nigerian laws.

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.

The Pandora Papers, the biggest cross-border collaboration of journalists in history, is an investigation into a vast amount of previously hidden offshore companies, exposing secret assets, covert deals and hidden fortunes of the super-rich – among them more than 130 billionaires – and the powerful, including more 30 world leaders and hundreds of former and serving public officials across the world.


The confidential documents also feature a global cast of fugitives, convicts, celebrities, football stars and others, including judges, tax officials, spy chiefs and mayors.

The leaked records came from 14 offshore services firms from around the world that set up shell companies and other offshore nooks for clients like Mr Obi, who seek to shroud their financial activities, often suspicious, in secrecy.


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

I have a task for you:
1.In your own handwriting point out Peter Obi's exact wrongdoing in the above piece.
2. Tell me who you will rather support.

Pandora is a saint when compared with Atiku and AtikuJunior alias Tinubu

Peter inspires millions of youths..
There's nothing to think about.
Even a blindman can identify Tinubu as corruption personified

Gentlerespect76:
I have a task for you:
1.In your own handwriting point out Peter Obi's exact wrongdoing in the above piece.
2. Tell me who you will rather support.

I believe u are literate and can read and write, but to answer u:

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.


This alone is an offense under Code of Conduct for Public Officers. False declaration of assets. Politicians will falsely declare so that u can't determine the humongous wealth they amassed while in Office.


2. I am not telling you whom to vote. Just pointing out the obvious.

Lol you assume I support Tinubu Well, good luck with that!

derecho:
Pandora is a saint when compared with Atiku and AtikuJunior alias Tinubu

Peter inspires millions of youths..
There's nothing to think about.
Even a blindman can identify Tinubu as corruption.

What is the corruption case against him Maybe u can post it here...

Unlike Peter Obi that Pandora Files clearly caught red handed

blackpanda:


I believe u are literate and can read and write, but to answer u:

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.


This alone is an offense under Code of Conduct for Public Officers. False declaration of assets. Politicians will falsely declare so that u can't determine the humongous wealth they amassed while in Office.


2. I am not telling you whom to vote. Just pointing out the obvious.

Lol you assume I support Tinubu Well, good luck with that!

Those companies were established in tax heavens which is a global investment practice. How many companies pay accurate tax in Nigeria? Look what's important is Obi's conduct as a public official. Please you guys should stop with this smear campaign. Please, note that when you accuse an innocent man, there is a curse that goes with it.

Pandora Peter OBItuary

Who is the "him"? Atiku or BAT?

blackpanda:


What is the corruption case against him Maybe u can post it here...

Unlike Peter Obi that Pandora Files clearly caught red handed

Yes OBITUARY for Tinubu and Atiku

IamWonderful:
Pandora Peter OBItuary

derecho:
Yes OBITUARY for Tinubu and Atiku

Better be cautious of what you say because GOD promise can make it backfire on you

derecho:
Who is the "him"? Atiku or BAT?

Tinubu nau. Isn't that who u were referring to Pls help with facts of his corruption

Gentlerespect76:


Those companies were established in tax heavens which is a global investment practice. How many companies pay accurate tax in Nigeria? Look what's important is Obi's conduct as a public official. Please you guys should stop with this smear campaign. Please, note that when you accuse an innocent man, there is a curse that goes with it.

Did u read the bolded Or u just want to pretend it isn't there. Peter obi broke the law and lied to CCB. He's just as corrupt as any other politician, just that he tried to hide it and was caught. I'm not buying his bullshit. Governance is not about talk talk, when u are not any better

Too copious to name now bro...By the way, I'm surprised you're the only one oblivious of how corrupt Tinubu is

blackpanda:


Tinubu nau. Isn't that who u were referring to Pls help with facts of his corruption

derecho:
Too copious to name now bro...By the way, I'm surprised you're the only one oblivious of how corrupt Tinubu is

Too copious is not fact. State facts or it simply doesn't exist. Peter obi's case is in black and white for the whole world to see

Do you know the meaning of Obituary at all?
Peter Obi is the Obituary of Tinubu and Atiku

Obituary means


a notice of a death, especially in a newspaper, typically including a brief biography of the deceased person.
"his obituary of Bola Ahmed Tinubu"

IamWonderful:
Better be cautious of what you say because GOD promise can make it backfire on you

I expected you to get the meaning of that reply.
I don't have the time to Type all now And I just would be stating the obvious if I do
Tinubu is the Yoruba word for Corruption while Atiku is Nigeria's lingua franca for corruption.I'm afraid Tinubu might become the standard word considering the last APC primaries

blackpanda:


Too copious is not fact. State facts or it simply doesn't exist. Peter obi's case is in black and white for the whole world to see