Probe Nigerians maned in Panama Papers, Association tells FG

Related stories

2027: Osun Senator, Fadeyi Dumps PDP, Amid Adeleke’s Defection Speculations

By Abiola Olawale Senator Olubiyi Fadeyi, the lawmaker representing Osun...

EFCC Probing 18 Sitting Governors in Major Corruption Crackdown, Olukoyede Reveals

• Reveals ex-governor Arrested in UK for spraying Money By...

Tinubu Names IBB’s Son, Top Experts to Lead Key Nigerian Agencies

By Abiola Olawale President Bola Ahmed Tinubu has appointed Muhammad...

The Association of Certified Fraud Examiners on Friday told the Federal Government to probe Nigerians named in the infamous Panama Papers report.

Speaking in Lagos, the President of the association, Mr Godwin Oyedokun, said, “Relevant Nigerian agencies should begin to ask questions as to who, how, where and when with respect to Nigerian citizens named in the report.”

He said there was need for all incomes made by citizens to be subjected to taxation no matter the source of such incomes.

The association president said that Nigerians fingered in the scandal should be invited by relevant anti-corruption agencies to explain how they made the list.

“The provisions of our tax laws are clear that all incomes are to be subjected to taxation, no matter the source, even if such income is from prostitution.

“Panama Papers is a huge leak of confidential documents that revealed how the rich and powerful around the world use tax havens to hide their wealth,’’ he explained.

Oyedokun said that the report revealed that 11milllion documents were leaked from one of the world’s most secretive companies, a Panama law firm, known as Mossack Fonseca.

The documents showed how Mossack Fonseca had helped its clients to launder money, avoid tax and evade sanctions.

He argued that although the Nigerians named in the scandal had denied any wrong doing, government should look into the matter because of the anti-corruption stance of the present administration.

“I also advise that countries named in the scandal should take necessary steps to make demands for the payment of taxes on such incomes,” Oyedokun said.

The New Diplomat
The New Diplomat
Hamilton Nwosa is an experienced, and committed communication, business, administrative, data and research specialist . His deep knowledge of the intersection between communication, business, data, and journalism are quite profound. His passion for professional excellence remains the guiding principle of his work, and in the course of his career spanning sectors such as administration, tourism, business management, communication and journalism, Hamilton has won key awards. He is a delightful writer, researcher and data analyst. He loves team-work, problem-solving, organizational management, communication strategy, and enjoys travelling. He can be reached at: hamilton_68@yahoo.com

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

NDN
Latest News
2027: Osun Senator, Fadeyi Dumps PDP, Amid Adeleke's Defection SpeculationsEFCC Probing 18 Sitting Governors in Major Corruption Crackdown, Olukoyede RevealsDrama as Okpebholo Tells Peter Obi: Notify me Before Visiting Edo or Else I Can't Guarantee Your SecurityTrump Vows to Sue Rupert Murdoch as Epstein Report Opens New Rift in Their RelationshipTinubu Names IBB’s Son, Top Experts to Lead Key Nigerian Agencies2027: Labour Party Appoints Nenadi Usman as Interim National Chairperson Alleged $9.6 Billion P&ID Fraud: Fleeing Briton’s Surety Arrested, Produced In CourtWhy Oil Prices Could See a Significant Upside ShiftPresidency Announces Gov Umo Eno as APC Leader in Akwa Ibom, Sparks ReactionsBreakdown of Buhari’s Family EntitlementsThaksin touts golden visa, higher travel fees to boost ThailandDangote Refinery Halts Fuel Discount Program Over Alleged Marketers Fraud2027: Intrigues as PDP Confirms Move to Bring Peter Obi Back After Atiku’s DepartureAre You Pregnant? By Johnson Babalola2027: Buhari’s exit Cripples APC in entire North as CPC Loyalists Defect in Large Numbers
X whatsapp