Peter Obi, a former governor of Anambra State, has said denied any wrongdoing while reacting to a report alleging that he breached the laws by engaging in secret businesses set up in tax havens.
An online publication, Premium Times, quoting Pandora Papers, had listed Obi as one of the personalities who clandestinely set up and operated businesses overseas, including in notorious tax and secrecy havens in the ways that breached Nigerian laws.
The Pandora Papers is a leak of about 12 million documents that revealed hidden wealth and tax avoidance by some of the world’s rich and powerful.
However, Obi on Thursday, noted that nowhere in the article was he accused of any form of corruption.
However, in a reaction sent to Premium Times by his spokesperson, Valentine Obienyem, Mr Obi insisted he did not break any law – without specifically debunking any of our claims – and then tried to switch the lane by raising what Premium Times did not allege in the paper’s report.
He added that the publication did not say he had been engaged in unlawful business ventures at any time whatsoever.
Obi said, “On the allegation that I violated the Nigerian Code of Conduct Bureau and Tribunal Act, as well as Sections of the 5th Schedule to the Constitution of the Federal Republic of Nigeria 1999 (as amended), by not declaring any alleged assets in companies registered outside the Nigerian Federation, I think that the authors displayed ignorance on matters of Trust and International Investment Practices.
