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Pandora Papers: Peter Obi Refutes Allegations Insists He Broke No Laws 



Mr Peter Obi, the former governor of Anambra State and the Peoples Democratic Party’s (PDP) Vice Presidential Candidate in the 2019 election, has denied breaking any Nigerian laws by indulging in covert enterprises set up overseas tax havens.

Premium Times, citing the Pandora Papers, described Mr. Obi as one among individuals who secretly set up and operated enterprises outside of Nigeria, notably in known tax and secrecy havens, in ways that violated Nigerian regulations.


The Pandora Papers were a leak of around 12 million papers that revealed hidden riches and tax evasion by some of the world’s wealthiest and most powerful people.

But, in response to the piece published on Thursday, Mr. Obi said it was refreshing that he was not accused of any type of corruption, whether through the diversion of public monies or in any other way, during or after his tenure as governor of Anambra State.


He went on to say that the newspaper did not suggest that he had ever been involved in illegal business endeavors.

Obi stated that his understanding of the charge was that it involved tax evasion and the non-declaration of some jointly owned assets.


He then wondered if the writers had given careful consideration to all of the facts and circumstances surrounding the claimed transactions.

“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 failing to declare any alleged assets in companies registered outside the Nigerian Federation, I believe the authors demonstrated a lack of understanding of trust and international investment practices.


Before, during, and after his tenure as governor of Anambra, the former governor stated that he did not break any laws in any way.

He stated that he followed professional opinions and guidance from investment professionals both locally and worldwide in all things connected to his investments and declaration of his personal assets, wherever they may be found.


Obi said he also sought and acted on advice from competent legal professionals whose opinions he trusted.

He asked all well-intentioned people to see through “the futile trick” and disregard the publication.



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