Punch Newspapers punchng.com 02 Aug, 2022 00:30 am

Pandora papers, taxation and Obi’s chances

Pandora papers, taxation and Obi’s chances
In the bygone era of military coups, by now, Nigerians would have been awoken to the familiar jingle waltzing through the air, heralding the arrival of soldiers who have come to ‘liberate’ the country from the ‘corrupt’ and ‘inept’ civilian government.

The rapid rise of the former governor of Anambra State and presidential candidate of the Labour Party in the scheduled 2023 elections, Peter Obi, can be understood in this context.Questions such as, “Did you inform Atiku of your intention to join the Labour Party?Besides, stashing away wealth in order to avoid paying tax has significant distributional implications, especially for a Labour Party whose raison d’etre is the emancipation of the working people and enhancement of equality of opportunity.Well, a presidential candidate, especially, a leader of the Labour Party must be held to a higher standard on this particular issue.

They are dedicated to exposing millions of documents linked to shadowy figures hiding their wealth in offshore accounts on remote islands in the backwaters of Europe and in the Caribbean.”  The transaction was so airtight that no one knew about it, and no political firestorm broke out in Anambra over the governor of an impoverished state stashing wealth in offshore accounts, well away from his people.

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