Do you know that in most countries Tax avoidance is not technically illegal, but tax evasion is a punishable crime. With this in mind, let me explain Peter Obi situation.

Peter Obi did not put his money in tax haven, he put his assets in Trust. This is allowed in the U.K. I have my small assets in Trust too. I don’t know if it is Panama or Jersey it is placed in though. What Trust means is that, if anything suddenly happens to you, the Trust will take care of your family first until your will is sorted out. It is only after all your loved ones have been taken care of and debt paid off that government can now get their tax.
Obi’s wealth in Panama had nothing to do with Nigeria, it was U.K. and mind you, he was already settled in the U.K. long before he went into politics. If he did wrongly, it is U.K. govt that would have hammered him. That is why he has no issue with Nigeria as his tax records with Nigeria is perfect. By the way, Lloyds Bank set it up for him. Is Lloyds in Nigeria? U.K. should be the one crying over this matter NOT you.

Shebi Dangote, and all the rich men have their assets in Trust. Even Tinubu does. Why? If you have any assets in U.K. or in the West, when you die, the government dives into it and make demands anyhow despite paying tax all your life. Even those that inherit from you are forced to pay inheritance tax. So what the government allows is for Trust to protect wealth of people for them and ensure level playing field. America call their own Foundations. It now depends on where you put it. Shebi former Chelsea owner has layers upon layers of Trusts on Chelsea Football club. That’s why the negotiations was hard and difficult. It only has to be sold rather than take it from him like they did to other Russian oligarchs. If Chelsea was never under trust, all Chelsea fans would have been mourning today.

How can he declare his asset like he claimed when his asset is in tax havens

Do you know that In 2010, more than four years after Obi became governor, he set up his first discreet company in the British Virgin Island, and named the company Gabriella Investments Limited, after his daughter.

I am not saying he isn't the best from the rest...perhaps (maybe) he hasn't have access to mega bonaza of the cake like Tinubu and Atiku.

Let's discuss on fairness

The record we saw indicates that he is not the only one that has his assets in trusts, and he has already legally declared what was expected of him. The reason, you probably reading this don’t have trust set up is that you either don’t have money yet or you don’t have investments in countries where your children could be taxed for inheritance you left for them. If EFCC has issues with Obi, why hasn’t he been picked up? What of Dangote and others. Moreover, they were not assets linked to Nigeria, and it was a family assets! If you are being fair, you will see the fairness in his transparency.

People want him to admit he goofed or lied after explaining on the TV several times what he simply did and which has not broken law but you just won’t let things be! There were 102 Nigerians on that Panama paper. Not a single one has boldly gone on air to clarify why they have money kept in trust. The only man who has boldly explained is the one Nigerians won’t let go. What exactly is the colour of our problems.

Can we bring something more serious please on Obi!

Has Obi broken any law? Did he break any law? Looking at current political climate, if he broke law, since 2014 he left govt, wouldn’t the law and enforcement agency have picked him up? Do you want to tell me that both ICPC or EFCC, none of them is smart enough to pick a hole in the Panama report to indict Obi. Let your law follow its course on Obi if not, forever respect your generation and keep quiet.

He is not part of the problem, and he stands on a different level compared to any other candidate we have thrown up in this election.
My stand still remains on the fact that Lloyds Bank wouldn’t have set it up for him if it was illegal. Lloyds did it for him. U.K. should be the one lamenting if he did wrong. And what he has already declared partly under a joint asset should not be declared separately again. Can we close our eyes for once on him ‘hiding’ his own assets before coming to politics, did he acquire any in Nigeria that he didn’t declare?
Did he break law pertaining to U.K. or Nigeria? Finally, is he a good man that can be trusted based on the records of what he has done in the past? If at least one of the questions I asked you here is a green or amber for Obi, then, Obi is still miles ahead of any of the candidate we have on board.

Take note, Obi has been talking to Nigerians on media houses, sharing his plans. All other candidates are being reached by Media houses. They decline or send their spokesman. Reason is simple. They don’t want you asking them questions about Panama or how they made their money.


According to @NGLabourPartyUK on twitter

''APC want to retain power by all means.

PDP want to take over power by all means

Labour party wants to retire those who have kept us in this mess and fix Nigeria''.

At least they are talking to us. Shine your eyes. Remember, your children will ask you in the future what did you do to fix Nigeria. Your civic duty to Nigeria and your children is to vote a competent candidate regardless of tribe or religion.

They have nothing on him

If they do. It would have been everywhere and EFCC in their usual fashion would have given him a media trial

Someone should post here the link of the video interview Peter Obi did on Arise TV last year to explain the so-called Pandora Papers.

Dude had a superlative interview per the above.

I am sure every reasonable and objective person who listens to his explanation can deduce that he had no case to answer.

Peter Obi,in my opinion, won even more friends and admirers from that futile attempt to sully his unimpeachable reputation...

@lalalsticlala, FP please. The debate on Panama papers needs to continue till It's clear to all.

You had to lie to defend your benefactor

Nigerians are not serious people - people prefer tribal and religious sentiments to competence.

It's only a black man that will reward another black man with the destinies of over 200 million people without thinking of the consequences.

Those in power today met a working country and destroyed along the line. They told us that future belongs to the youths still take away every opportunity we get. Nigeria can be better, vote Peter Obi in 2023.