Dangote denies links with Mossack Fonseca

This was communicated to newsmen through the Dangote Group spokesperson, Tony Chiejina.

Mossack Fonseca is a law firm in Panama that helps people register shell companies in tax havens.

Chiejina said “I wish to state categorically that neither Aliko Dangote nor Dangote Industries Ltd. has any form of relationship with these alleged four offshore companies. The group has four quoted companies on the Nigerian Stock Exchange and we cannot afford to tarnish our reputation or conduct our business in an unethical manner given this profile.”

There were reports that billionaire businessman allegedly patronised the law firm.

Punch also reports that the companies linked to the business tycoon are: Paseo Trading Limited, Seychelles; Petrowest S.A., Seychelles; SID Holdings Corp, Panama; and Chalmers Shipping Inc, Panama.

Reports say though there are no evidence to show that Dangote used the companies for illicit purposes, he is allegedly one of the companies top clients.

Nigerians who were named in the documents include former Delta State Governor, James Ibori, former Senate President, David Mark and wife of Senate President, Bukola Saraki, Toyin Saraki.

Former Senate President, David Mark has also denied having any dealing with the law firm, Mossack Fonseca.