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Panama Papers Presidency orders probe of Saraki, David Mark, others over scandal

No fewer than 110 Nigerians and companies operating offshore shell companies in tax havens were identified in the shocking document.

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The Federal Government has reportedly ordered the probe of present and past government officials named in the Panama Papers scandal.

Some of those fingered in the scandal include the Senate President, Bukola Saraki, and his predecessor, David Mark.

According to Premium Times, the chairman of the Code of Conduct Bureau (CCB), Sam Saba, confirmed the development.

 A Panamanian law firm, Mossack Fonsecca, had leaked some document which exposed how a network of banks, law firms and individuals utilise shell companies, mostly to hide illegal wealth.

No fewer than 110 Nigerians and companies operating offshore shell companies in tax havens were identified in the shocking papers.

Saba said some of the Nigerian names mentioned in the document were forwarded to the CCB by the Presidency for investigations.

“I want to let you know that government has written to us and given us some names based on what they have been reading and hearing regarding that document,” Saba told Premium Times.

He said after the agency studied the #PanamaPapers, it became imperative to question some of the public officers involved.

He, however, did not reveal names of the affected officials.

Saba said: “I think it (Panama Papers) is going to be helpful because already we have some questions for certain public officers, which I will not be able to disclose at the moment. Until they finish answering those questions, I may not be able to discuss it.”

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Other Nigerian public officers identified in the document as operating secret  offshore accounts include; the Former National Planning Minister, Rasheed Gbadamosi, Former Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Funsho Kupolokun; Former Delta State Governor, James Ibori; a former Group Managing Director (NNPC) Abubakar Yar’Adua; Andy Uba, Senator from Anambra State, David Umaru, a Senator from Niger State; Ibrahim Gobir, a Senator from Sokoto State.

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