Exposed Panama Papers: Names of Big Nigerians on The List

The likes of former Bayelsa State governor, Senator President Bukola Saraki, his wife Toyin Saraki, former NPA director Bello Gwandu, T.Y. Danjuma, Dangote, Dantata,  Folorunsho Coker, David Mark have all been exposed as some of the big Nigerians on the list of the trending Panama Papers.

Saraki, who is currently facing allegations that he failed to declare his assets, owns a property in Belgravia in his own name. The Panama Papers reveal the £5.7m property next door to be owned by companies incorporated in the Seychelles and BVI, shareholders are Saraki’s wife and his former special assistant. 

In another instance, a £1.65m townhouse in Kensington and Chelsea is shown as belonging to 

a BVI company whose sole shareholder is Folorunsho Coker, the former head of the number plate production authority in Lagos and currently business adviser to the governor. On his part, Coker’s lawyer said he had multiple sources of income and had always declared his interest in Satori Holdings to the Nigerian authorities.

But the leaked files reveal their property interests extend far beyond this.

A BVI company owned by former Nigerian Ports Authority director Mallam Bello Gwandu holds a Maida Vale flat. And bought a flat in St George Wharf for £450,000 more than 10 years ago

The Presidency in Abuja has disclosed that they would look into the document and take necessary action.