HomeNEWSI’m not guilty: Peter Obi responds to Pandora Papers money laundering scandal

I’m not guilty: Peter Obi responds to Pandora Papers money laundering scandal

Former Anambra State Governor, Peter Obi, has denied that he evaded taxes by setting up offshore companies while in office.

Obi also debunked reports that he broke Nigeria’s laws by remaining a director of a company while governing Anambra.

He said this on Monday during an interview.

Recall that a Pandora Papers investigation had claimed that Obi operated foreign bank accounts and operated shell companies incorporated in tax havens to launder public funds and dodge taxes.

“I’m not guilty as charged. Trust companies are a legitimate vehicle used everywhere globally for investments, savings and estate planning purposes. It is allowed by law everywhere,” Obi said.

He added: “In my particular case and that of my family, it was done on very valuable advice of our then bankers.

“The company was never used to launder money before, during and after I was governor.”

Share this story
Written by

Signature TV is a multi-media company, owners and operators of signaturetv.org and producers of The Signature Show on AIT and Corruption Tori. Our programmes are broadcast on the AIT Network and on Seven NTA stations across the country. We are content providers for a number of television networks and some State TV stations, with a respected 24/7, high online and offline followership. We are also Communications/Media Consultants to MacArthur Foundation, Ford Foundation and OSIWA.

No comments

Leave a Reply

Daily Updates

Subscribe to get news updates