Panama Papers: Afoko listed as shareholder in West African Petroleum Co.

Read Article

Comments (93)

This article is closed for comments.

Read Comments Comments (93)

KOGYAM58 8 years ago

Eeei AFOKO, YOU TOO DEY INSIDE THIS TAX EVASION GANG? HMMMM

Eeei AFOKO, YOU TOO DEY INSIDE THIS TAX EVASION GANG? HMMMM
APONKYE 8 years ago

This is more than music in Nana's ears - his bitterest enemy is caught!

This is more than music in Nana's ears - his bitterest enemy is caught!
insight to the bone 8 years ago

a thief and back stabbing traitor will always be exposed sooner or later as God will not allow these pepeni/ayigbe criminals to determine our future , lets burn him

a thief and back stabbing traitor will always be exposed sooner or later as God will not allow these pepeni/ayigbe criminals to determine our future , lets burn him
Afoko 8 years ago

This is nothing but a fabrication by the NPP leadership! This is just meant to discredit me---Afoko! By their fruits, those dimwit midgets shall be known!

This is nothing but a fabrication by the NPP leadership! This is just meant to discredit me---Afoko! By their fruits, those dimwit midgets shall be known!
Nana K Osei 8 years ago

a
John Agyekum Kufuor
President of Ghana (2001-2009)
Relatives in the data: John Addo Kufuor
Related countries
Ghana John Son
John Addo Kufuor is the eldest son of Ghana’s former president, John Agyekum Kufuor, who le ...
read full comment

a
John Agyekum Kufuor
President of Ghana (2001-2009)
Relatives in the data: John Addo Kufuor
Related countries
Ghana John Son
John Addo Kufuor is the eldest son of Ghana’s former president, John Agyekum Kufuor, who led the country from 2001 to 2009. A trained accountant, the younger Kufuor has worked in the hotel industry. Throughout 2005, local media in Ghana reported allegations that he gained lucrative government contracts and private sector business deals through paternal connections. An official commission later found no evidence of wrongdoing.
Inside the Mossack Fonseca data >> His offshore company controlled a $75,000 bank account for Kufour and his mother
In early 2001, shortly after the start of his father’s first presidential term, Kufuor appointed Mossack Fonseca to manage The Excel 2000 Trust. Later that year, it controlled a bank account in Panama worth $75,000. His mother - Theresa Kufuor, then-Ghana’s first lady - was also a beneficiary. In November 2010, an employee in Mossack Fonseca's compliance office in the British Virgin Islands suggested to colleagues that “due to the apparent prevalence of corruption surrounding Mr. Kufour we would not recommend us taking him on as a client or continuing business with him.” Mossack Fonseca, however, continued to do business with Kufuor. In 2012, Kufuor asked Mossack Fonseca to close the trust. Files also connected Kufuor with BVI companies Fordiant Ltd and Stamford International Investments Group Limited. Both were registered when Kufuor’s father was president of Ghana and became inactive in 2004 and 2007.
This interactive produced by the International Consortium of Investigative Journalists (ICIJ) explores the stories behind the use of offshore companies of politicians and their relatives and associates — more than 100 in all. Among them are 12 current or former country leaders and more than 30 other politicians and public officials with direct connections to structures in tax havens. Their names appeared inside a cache of 11.5 million leaked files from Panama's Mossack Fonseca, one of the biggest offshore service providers. ICIJ and Süddeutsche Zeitung led a global investigation to unveil their secrets, publishing the first stories from "The Panama Papers" on April 3, 2016.
ICIJ sifted through thousands of emails, documents and images to find names that were in the public interest. The year-long investigation unveiled connections to companies in many different tax havens, their uses and their real owners, whose identities were sometimes hidden behind layers of secrecy. The investigation found more than 140 politicians and public officials connected to 55 countries. The names displayed in this interactive are a selection of the most relevant cases. All of them include political figures or people close enough to political figures that they should have triggered extra scrutiny. There are legitimate uses for offshore companies, and we do not intend to suggest or imply that any individuals or entities included in the interactive were in violation of the law.

The production of the profiles was complex and took several months. We combined a deep exploration of the Mossack Fonseca documents with research in worldwide public records such as company records, property records and assets declarations, among others. Purchasing real estate and yachts, holding bank accounts and keeping personal finances private were among the most common uses given for offshore companies. ICIJ reached out to all those in the interactive to give them a chance to comment. The answers we received are included in the profiles.
Mossack Fonseca told ICIJ that it conducts periodic follow-ups in the case of politically-exposed figures to assure that no negative results are found. The company said that for 40 years it has operated beyond reproach in its home country and in other jurisdictions where it has operations. "Our firm has never been accused or charged in connection with criminal wrongdoing", said a Mossack Fonseca public relations officer.

The Power Players is published in English, Spanish, French, Portuguese and German. ICIJ media partners been allowed to select profiles they believe are of interest to their audiences which may result in similar interactives with fewer profiles. The information in the interactive is current as of April 3, 2016 and the offshore data up to December 2015. ICIJ will release the full list of companies and people in the Panama Paper files in early May.

For questions and tips connected to this interactive contact data@icij.org
Glossary
Ultimate beneficial owner, beneficial owner, beneficiary
The person who is the true owner of a company and/or a bank account. In the offshore world, the identity of beneficial owners is often kept secret.
Nominee directors
Stand-ins who control a company on paper but exercise no real authority over its activities.
Nominee shareholder
A person who is listed as a shareholder on a company’s documents but has no real power over the company or claim to its assets. This is common practice in offshore financial structures to hide the identity of the real owner.
Intermediary
A go-between for someone seeking an offshore corporation and an offshore service provider -- usually a law-firm or a middleman that asks an offshore service provider to create an offshore firm for a client.
Power of attorney
Authorization given to a person to represent the offshore company. It can confer rights that include managing the company without any limitation, carrying out contracts, purchasing products and borrowing or lending money. Each authorization notes which powers are granted to the person who will act on behalf of the company and whether they are general or specific.
Bearer shares
Whoever physically holds a certificate of shares is considered the owner of the shares. Bearer shares provide one of the deepest levels of secrecy. Many countries have banned bearer shares because they are considered a facilitator of tax evasion and money laundering.: contact@icij.org

Credits

Research Editor: Emilia Díaz-Struck
Data Editor: Mar Cabra
Editors: Martha M. Hamilton and Marina Walker Guevara
Reporters: Delphine Reuter, Marcos García-Rey, Will Fitzgibbon, Richard Sia, Alexa Olesen, Ryan Chittum, Jake Bernstein
Researcher: Mago Torres
Fact-checkers: Richard Sia and Peter Smith
Interactive designed and built at kiln.digital
Illustator: Jesús Pérez
Translations provided by Le Monde (French), El Confidencial / laSexta (Spanish), O Estado (Portuguese) and Tamedia (German).
facts 8 years ago

But what is Afoko's sin, just being in the group? No NPP leader will be interested in this story, no stuff no credibility.

But what is Afoko's sin, just being in the group? No NPP leader will be interested in this story, no stuff no credibility.
insight to the bone 8 years ago

All they know and value are lies and criminal conduct , God is exposing them and they still come here to talk shit

All they know and value are lies and criminal conduct , God is exposing them and they still come here to talk shit
Sam 8 years ago

he calls the shot to which you abide by- Nothing you can do about it you kotibotor fool

he calls the shot to which you abide by- Nothing you can do about it you kotibotor fool
insight to the bone 8 years ago

kwasia , you think if you adorn yourself with titles and murder your boss we will respect you , aboa like you

kwasia , you think if you adorn yourself with titles and murder your boss we will respect you , aboa like you
Paul 8 years ago

so what

so what
SANK 8 years ago

Afoko mentioned and so what?

Afoko mentioned and so what?
GhanaFirst 8 years ago

His brother deals in acid and he deals in tax evasion. What a family of crooks. How did he become NPP chairman? Look at his face.....

His brother deals in acid and he deals in tax evasion. What a family of crooks. How did he become NPP chairman? Look at his face.....
Nana Kwame Osei 8 years ago

Is this NPP People not having shame? Are you now foregoing the incorruptible and competence label of your party to jubilate the inclusion of Afoko in the leakage? It is John Agyekum Kufour whose name started with the list not ...
read full comment

Is this NPP People not having shame? Are you now foregoing the incorruptible and competence label of your party to jubilate the inclusion of Afoko in the leakage? It is John Agyekum Kufour whose name started with the list not John Rawlings or John Mills nor John Mahama. So what are you celebrating? May be the next surprise is Nana Addo Danquah Akufu -Addo because it is legal for Akans to steal for not enjoying free education. Shallow mind grow!!!
Bbb 8 years ago

Akans rules, Akans are mightier and with gifted wisdom how about you.You are stealing an Akans name you can't even use your own fuckin name, Avu aboa ba, dog eater.

Akans rules, Akans are mightier and with gifted wisdom how about you.You are stealing an Akans name you can't even use your own fuckin name, Avu aboa ba, dog eater.
DKB 8 years ago

It was John Agyekum Kufuor's son not the ex president himself. Rushing to comment without even bothering to check your facts. NDC ministers and now even supporters can't read, even if they do they don't understand what they ...
read full comment

It was John Agyekum Kufuor's son not the ex president himself. Rushing to comment without even bothering to check your facts. NDC ministers and now even supporters can't read, even if they do they don't understand what they read. And you have the guts to label someone shallow mind. Indeed!!
QED2 8 years ago

Can anyone, be a journalist or politician, prez. or justice, Bank of Ghana Governor, Finance Minister, Trade Minister,publisher of newspaper, Radio Station workers, with such an explosive news,RESEARCH/ investigate AND COME U ...
read full comment

Can anyone, be a journalist or politician, prez. or justice, Bank of Ghana Governor, Finance Minister, Trade Minister,publisher of newspaper, Radio Station workers, with such an explosive news,RESEARCH/ investigate AND COME UP WITH THE NAMES OF THE SHAREHOLDERS OF A COMPANY IN BUSINESS WITH GHANA GOVT.
Failure to reveal the Directors, Management, SHAREHOLDERS of a REGIONAL - BASE COMPANY formed from dubious ways militate against PROBITY and ACCOUNTABILITY of a State apparatus. This requires an immediate in-depth action from the ruling govt. But since Ghana is led by 'bombotee' politicians, even if HELL CLOUDS VOLCANO descends on Ghanaians, dead bodies collection will be their concern. LORD, SAVE US FROM CRASS STUPIDITY GROUP OF PEOPLE.
QED2
Bbb 8 years ago

Use your own fuckin name hater,Avu.and shameless fool

Use your own fuckin name hater,Avu.and shameless fool
NDC IS SATANIC 8 years ago

You are an idiot. You people are filled with so many hate that when you hear the name of your enemy , you just don't cross check before talking, is Addo Kuffuor the same as John Agyekum Kuffuor? If John Kuffuor is the father ...
read full comment

You are an idiot. You people are filled with so many hate that when you hear the name of your enemy , you just don't cross check before talking, is Addo Kuffuor the same as John Agyekum Kuffuor? If John Kuffuor is the father of Kwame Addo Kuffuor are the two the same? Can a father go to jail because of his son's guilt? Pray to God to also bless you to have world influence. NDC will never move on beyond Ghana because God didn't create you to be blessed. CURSED PEOPLE.
Omanba Pa lslington- London 8 years ago

Ghana as a nation is ruled by evil and Satanist people. Have you ever thought about this before?
Why can't you ask yourself the reason why Afoko is behaving so badly like that?
Ghanaians give Nana Addo chance to clean the ...
read full comment

Ghana as a nation is ruled by evil and Satanist people. Have you ever thought about this before?
Why can't you ask yourself the reason why Afoko is behaving so badly like that?
Ghanaians give Nana Addo chance to clean the mess in Ghana. It's only him who can do the job and no one else. A word to the wise is enough.
Kwame 8 years ago

Time to discredit him before he reveals Nana BinAddo criminal activities. Asantes/Akyems are just like vultures, they are so desperate for power and willing to eat cacas to achieve it

Time to discredit him before he reveals Nana BinAddo criminal activities. Asantes/Akyems are just like vultures, they are so desperate for power and willing to eat cacas to achieve it
Nana Acheampong 8 years ago

Don't be stupid, Kwame. Stupid comment. What is his crime here? What has this got to do with Ashantis and Akims. Your inferiority complex will kill you. Immature people see things only in terms of NPP/NDC. Use your brain a ...
read full comment

Don't be stupid, Kwame. Stupid comment. What is his crime here? What has this got to do with Ashantis and Akims. Your inferiority complex will kill you. Immature people see things only in terms of NPP/NDC. Use your brain a little bit and do some analysis of issues.
joe 8 years ago

ma man you are a fool to regard akyem n ashantis as vultures okkk......nonsense

ma man you are a fool to regard akyem n ashantis as vultures okkk......nonsense
Omanba Pa lslington- London 8 years ago

You hate Akyems and Ashantes yet you are using the name kwame. Have you seen how stupid you are? Opepeni from bastards family with full of jealousy. All of you will soon die one by one because of the name NANA ADDO DANKWA AKU ...
read full comment

You hate Akyems and Ashantes yet you are using the name kwame. Have you seen how stupid you are? Opepeni from bastards family with full of jealousy. All of you will soon die one by one because of the name NANA ADDO DANKWA AKUFFO ADDO. Wo maame mfa netwaaseri aboa toni! Come again then.
Prince Awuah David 8 years ago

Visit Quascore.com/conspiring

Learn about some of political conspiracies.

Be blessed if you are not ignorant. If you happen to be ignorant, may God forgive you and change you. If you refuse to change for God blessings ...
read full comment

Visit Quascore.com/conspiring

Learn about some of political conspiracies.

Be blessed if you are not ignorant. If you happen to be ignorant, may God forgive you and change you. If you refuse to change for God blessings, may your ignorance be a curse in your entire generation. I am tired evil and deception by use of ignorance on some vulnerable Ghanaians
james mann 8 years ago

now he should go and say Nana published this , naniama .

now he should go and say Nana published this , naniama .
Nana K Osei 8 years ago

John Agyekum Kufuor
President of Ghana (2001-2009)
Relatives in the data: John Addo Kufuor
Related countries : Ghana
John Addo Kufuor is the eldest son of Ghana’s former president, John Agyekum Kufuor, who led the c ...
read full comment

John Agyekum Kufuor
President of Ghana (2001-2009)
Relatives in the data: John Addo Kufuor
Related countries : Ghana
John Addo Kufuor is the eldest son of Ghana’s former president, John Agyekum Kufuor, who led the country from 2001 to 2009. A trained accountant, the younger Kufuor has worked in the hotel industry. Throughout 2005, local media in Ghana reported allegations that he gained lucrative government contracts and private sector business deals through paternal connections. An official commission later found no evidence of wrongdoing.
Inside the Mossack Fonseca data >> His offshore company controlled a $75,000 bank account for Kufour and his mother
In early 2001, shortly after the start of his father’s first presidential term, Kufuor appointed Mossack Fonseca to manage The Excel 2000 Trust. Later that year, it controlled a bank account in Panama worth $75,000. His mother - Theresa Kufuor, then-Ghana’s first lady - was also a beneficiary. In November 2010, an employee in Mossack Fonseca's compliance office in the British Virgin Islands suggested to colleagues that “due to the apparent prevalence of corruption surrounding Mr. Kufour we would not recommend us taking him on as a client or continuing business with him.” Mossack Fonseca, however, continued to do business with Kufuor. In 2012, Kufuor asked Mossack Fonseca to close the trust. Files also connected Kufuor with BVI companies Fordiant Ltd and Stamford International Investments Group Limited. Both were registered when Kufuor’s father was president of Ghana and became inactive in 2004 and 2007.
This interactive produced by the International Consortium of Investigative Journalists (ICIJ) explores the stories behind the use of offshore companies of politicians and their relatives and associates — more than 100 in all. Among them are 12 current or former country leaders and more than 30 other politicians and public officials with direct connections to structures in tax havens. Their names appeared inside a cache of 11.5 million leaked files from Panama's Mossack Fonseca, one of the biggest offshore service providers. ICIJ and Süddeutsche Zeitung led a global investigation to unveil their secrets, publishing the first stories from "The Panama Papers" on April 3, 2016.
ICIJ sifted through thousands of emails, documents and images to find names that were in the public interest. The year-long investigation unveiled connections to companies in many different tax havens, their uses and their real owners, whose identities were sometimes hidden behind layers of secrecy. The investigation found more than 140 politicians and public officials connected to 55 countries. The names displayed in this interactive are a selection of the most relevant cases. All of them include political figures or people close enough to political figures that they should have triggered extra scrutiny. There are legitimate uses for offshore companies, and we do not intend to suggest or imply that any individuals or entities included in the interactive were in violation of the law.

The production of the profiles was complex and took several months. We combined a deep exploration of the Mossack Fonseca documents with research in worldwide public records such as company records, property records and assets declarations, among others. Purchasing real estate and yachts, holding bank accounts and keeping personal finances private were among the most common uses given for offshore companies. ICIJ reached out to all those in the interactive to give them a chance to comment. The answers we received are included in the profiles.

Mossack Fonseca told ICIJ that it conducts periodic follow-ups in the case of politically-exposed figures to assure that no negative results are found. The company said that for 40 years it has operated beyond reproach in its home country and in other jurisdictions where it has operations. "Our firm has never been accused or charged in connection with criminal wrongdoing", said a Mossack Fonseca public relations officer.

The Power Players is published in English, Spanish, French, Portuguese and German. ICIJ media partners been allowed to select profiles they believe are of interest to their audiences which may result in similar interactives with fewer profiles. The information in the interactive is current as of April 3, 2016 and the offshore data up to December 2015. ICIJ will release the full list of companies and people in the Panama Paper files in early May.

For questions and tips connected to this interactive contact data@icij.org
Glossary
Ultimate beneficial owner, beneficial owner, beneficiary
The person who is the true owner of a company and/or a bank account. In the offshore world, the identity of beneficial owners is often kept secret.
Nominee directors
Stand-ins who control a company on paper but exercise no real authority over its activities.
Nominee shareholder
A person who is listed as a shareholder on a company’s documents but has no real power over the company or claim to its assets. This is common practice in offshore financial structures to hide the identity of the real owner.
Intermediary
A go-between for someone seeking an offshore corporation and an offshore service provider -- usually a law-firm or a middleman that asks an offshore service provider to create an offshore firm for a client.
Power of attorney
Authorization given to a person to represent the offshore company. It can confer rights that include managing the company without any limitation, carrying out contracts, purchasing products and borrowing or lending money. Each authorization notes which powers are granted to the person who will act on behalf of the company and whether they are general or specific.
Bearer shares
Whoever physically holds a certificate of shares is considered the owner of the shares. Bearer shares provide one of the deepest levels of secrecy. Many countries have banned bearer shares because they are considered a facilitator of tax evasion and money laundering.: contact@icij.org
Credits

Research Editor: Emilia Díaz-Struck
Data Editor: Mar Cabra
Editors: Martha M. Hamilton and Marina Walker Guevara
Reporters: Delphine Reuter, Marcos García-Rey, Will Fitzgibbon, Richard Sia, Alexa Olesen, Ryan Chittum, Jake Bernstein
Researcher: Mago Torres
Fact-checkers: Richard Sia and Peter Smith
Interactive designed and built at kiln.digital
Illustator: Jesús Pérez
Translations provided by Le Monde (French), El Confidencial / laSexta (Spanish), O Estado (Portuguese) and Tamedia (German).
Asem 8 years ago

What is the crime here.?

What is the crime here.?
JOHN 8 years ago

Its not a criminal act but a man fighting to lead a political party shd be morally clean.Tax avoidance is an issue that some of the best economists in the world are fighting against.

Its not a criminal act but a man fighting to lead a political party shd be morally clean.Tax avoidance is an issue that some of the best economists in the world are fighting against.
Global Citizen III 7 years ago

Asem! The answer to your question is immorality. Do you get it? If one digs deep into this share holding in the Offshore Company, one will find that he is either a front for someone BIG, or he has shared some LOOT with some B ...
read full comment

Asem! The answer to your question is immorality. Do you get it? If one digs deep into this share holding in the Offshore Company, one will find that he is either a front for someone BIG, or he has shared some LOOT with some BIG PERSON.
kofi adu 8 years ago

how ungrateful?enjoy free education and refuse to pay tax.shame pepe.

how ungrateful?enjoy free education and refuse to pay tax.shame pepe.
Kojo Badu 8 years ago

What is the crime here. Now NPP media gang who had refused to publish and discussed news about the him are going to run with this useless story.

What is the crime here. Now NPP media gang who had refused to publish and discussed news about the him are going to run with this useless story.
SALAMATU 8 years ago

KOJO THE CRIME IS A GOOD CITIZEN HAVE TO PAY TAX FOR YOUR NATION WHY DO WE GO TO BEG THE WHITE MAN FOR HELP DO THEY HAVE TREES PLANTED THAT PRODUCE MONEY NOOOOO THEY USE THEIR BRAIN WISDOM AND VISION TO USE THEIR TAX PAYERS M ...
read full comment

KOJO THE CRIME IS A GOOD CITIZEN HAVE TO PAY TAX FOR YOUR NATION WHY DO WE GO TO BEG THE WHITE MAN FOR HELP DO THEY HAVE TREES PLANTED THAT PRODUCE MONEY NOOOOO THEY USE THEIR BRAIN WISDOM AND VISION TO USE THEIR TAX PAYERS MONEY TO HELP DEVELOP THEIR NATION AND HELP THE CITIZENS WHAT ARE YOU TALKING ABOUT WHEN WILL BLACKS REASON AND USE OUR WISDOM GIVING TO US HOSEA 4:6 YOU CAN'T ENJOY TAX PAYERS MONEY WHILE YOU DON'T PAY TAX SHAME UNTO SUCH CORRUPT AND CRIMINALS
KOJO T. 8 years ago

After all the free education, you are hiding your money abroad. Why not use it to develop the North?

After all the free education, you are hiding your money abroad. Why not use it to develop the North?
# VOTE MAHAMA OUT ! 8 years ago

A Mass Number of Ghanaians Must Send a Direct Message to Mahama by Voting Against him to remove Mahama from Office.

A Mass Number of Ghanaians Must Send a Direct Message to Mahama by Voting Against him to remove Mahama from Office.
Jojo 8 years ago

The writer of the article purported to be written by Dr. Nyaho-Tamaklo is the one behind this fallacy. NPP is really rotten to the bones. It's all because inexperienced small small boys are running the party. So so sad.

The writer of the article purported to be written by Dr. Nyaho-Tamaklo is the one behind this fallacy. NPP is really rotten to the bones. It's all because inexperienced small small boys are running the party. So so sad.
KWAME 8 years ago

SO JOJO YOU ARE SO BLIND THAT YOU CANNOT SEE THE THE GREEDY BASTARDS AND BABIES WITH SHARP TEETHS IN THE NDC WHO ARE IGNORANTS INCOMPETENT VISIONLESS AND WISDOMLESS THINK TWICE AND READ HOSEA 4:6

SO JOJO YOU ARE SO BLIND THAT YOU CANNOT SEE THE THE GREEDY BASTARDS AND BABIES WITH SHARP TEETHS IN THE NDC WHO ARE IGNORANTS INCOMPETENT VISIONLESS AND WISDOMLESS THINK TWICE AND READ HOSEA 4:6
Halid 8 years ago

Is this NPP People not having shame? Are you now foregoing the incorruptible and competence label of your party to jubilate the inclusion of Afoko in the leakage? It is John Agyekum Kufour whose name started with the list not ...
read full comment

Is this NPP People not having shame? Are you now foregoing the incorruptible and competence label of your party to jubilate the inclusion of Afoko in the leakage? It is John Agyekum Kufour whose name started with the list not John Rawlings or John Mills nor John Mahama. So what are you celebrating? May be the next surprise is Nana Addo Danquah Akufu -Addo because it is legal for Akans to steal for not enjoying free education. Shallow mind grow!!!
Man 8 years ago

The black sheep is being exposed. Mahama'll soon come under wikileaks. 99 days for a thief, one day for the master. The people of Ghana shall know justice one day.

The black sheep is being exposed. Mahama'll soon come under wikileaks. 99 days for a thief, one day for the master. The people of Ghana shall know justice one day.
Marcus Garvey 8 years ago

Our leaders are lazy and sell our inheritance to the foreigner for a few shares here and there for them and their families but the indigenes profit little.

This is just a tip of the ice berg

Our leaders are lazy and sell our inheritance to the foreigner for a few shares here and there for them and their families but the indigenes profit little.

This is just a tip of the ice berg
k.k 8 years ago

And so what after all he is a busiman and every good business look for opportunities and i love it.

And so what after all he is a busiman and every good business look for opportunities and i love it.
Nana Egyir Aggrey 8 years ago

Black man has a long way to go.While his people including him-Afoko living in poverty without basic needs,drinking water from guinea worm infested river/lake with animals, the idiot has stashed millions of dollars in panama m ...
read full comment

Black man has a long way to go.While his people including him-Afoko living in poverty without basic needs,drinking water from guinea worm infested river/lake with animals, the idiot has stashed millions of dollars in panama making panamanians comfortable.What an idiot,-Koo Darkie;wo nyasa wo hene.Zombies are born everyday in Ghana/Africa.Shame on you;you greedy bastard.May the good Lord have mercy on you-Nana Egyir Aggrey Snr citizen
PatriotsRock! 8 years ago

Fantes are know to level headed and couth. Why the insult Nana Egyir.
Just educate the the people mann!

Fantes are know to level headed and couth. Why the insult Nana Egyir.
Just educate the the people mann!
Deep Thought 8 years ago

It seems you trying to pretend to be hating ndc and thereby creating some tribilistic headlines all the time. Let me tell you ,every intelligent person knows you are behaving like npp supporter of which you are not because np ...
read full comment

It seems you trying to pretend to be hating ndc and thereby creating some tribilistic headlines all the time. Let me tell you ,every intelligent person knows you are behaving like npp supporter of which you are not because npp has pepe's&Ewes and even all the parties as well so grow up and stop your nonsense.
I don't think people take you serious on this platform since a lot of them are educated and can reason to know who is what here.Have a good day! !!!
EKOM 8 years ago

What is wrong with it ? Mahama's name was also mentioned. The Panama is not a criminal business so NDC people should tell your incompetent President to created jobs for youth and stop looting our money. Giving another four ye ...
read full comment

What is wrong with it ? Mahama's name was also mentioned. The Panama is not a criminal business so NDC people should tell your incompetent President to created jobs for youth and stop looting our money. Giving another four years to mahama means our children should stop school and farma
Yussif 8 years ago

Npp has no business with Afoko,he should deal with his own problems after all it's not in the name of Npp,he must explain how saddenly he became reach?someone who was washing dishes in the uk can now own companies in Panama.H ...
read full comment

Npp has no business with Afoko,he should deal with his own problems after all it's not in the name of Npp,he must explain how saddenly he became reach?someone who was washing dishes in the uk can now own companies in Panama.His bling loyalty we all know is not for nothing,not only him but many others who ve openly drawn a circle of solidarity in a particular direction.E.O group who got 3% of our oil money mark beginning of the Npp,s problems as those involve ll be weighing their interest against the party,s and as rich as they ve become,ll always for a blog with the political space to fight for or against anyone who's likely to break the chains.Do you remember the US diplomatic cables?it contained all the right informations of our leaders and how selfish,corrupt they re.We should begin to curse them in any way possible,otherwise our country is doom forever,we easily conclude that once someone has travel abroad,the one is bound to be rich,so when they come home and engage in corruption we see it as normal,when did we start hearing the name of Paul Afoko?it was 2003 thereabouts,people stared making allegations how connected he was in the oil business,they gave him money to start making few donations to the party Npp before his take off,it was so cleaverly done to put him among the top so he can represent the powers that be,how come he wasn't able to finish his hotel until now?because he's just rich in perception but on paper he's fronting for Kufour.So nobody should waste his time about Afoko,one day he ll tell his own story because it's not sustainable,the devil hate to keep secrets rather it's people who should keep the secrets of the devil,we ll hear it all as long as we live,many believe that after their death nothing matters.
SBD 8 years ago

Please stop publishing this nonsense. Holding shares in a foreign company or saving in a foreign country is not a crime in Ghana. After all, he has paid his taxes for those intelligent criminals to chew on and he is investing ...
read full comment

Please stop publishing this nonsense. Holding shares in a foreign company or saving in a foreign country is not a crime in Ghana. After all, he has paid his taxes for those intelligent criminals to chew on and he is investing elsewhere. What is his crime?
Donboli 8 years ago

We all wish Paul to have an account at Panama. Stupid people who write stories without proof or name of writer.
When will NPP wakeup and let our selected executives go back to work or we loss the Presidency elections.
Nana ...
read full comment

We all wish Paul to have an account at Panama. Stupid people who write stories without proof or name of writer.
When will NPP wakeup and let our selected executives go back to work or we loss the Presidency elections.
Nana Addo has nothing to offer Ghanaians to vote for him.
Nana Addo should stop thanking people and let hear if he has anything different from the NDC John Mahama.
It is shame NPP made a BIG mistake by electing Nana Addo as our flag bearer.
We were expecting Nana Addo to lead the party, he failed as NPP LEADER. Who sacks elected representatives of the peoples chose.
Mahamadu should be leading NPP not Nana Addo. Who agrees with me.
Nana K Osei 8 years ago

John Agyekum Kufuor
President of Ghana (2001-2009)
Relatives in the data: John Addo Kufuor
Related countries : Ghana
John Addo Kufuor is the eldest son of Ghana’s former president, John Agyekum Kufuor, who led the coun ...
read full comment

John Agyekum Kufuor
President of Ghana (2001-2009)
Relatives in the data: John Addo Kufuor
Related countries : Ghana
John Addo Kufuor is the eldest son of Ghana’s former president, John Agyekum Kufuor, who led the country from 2001 to 2009. A trained accountant, the younger Kufuor has worked in the hotel industry. Throughout 2005, local media in Ghana reported allegations that he gained lucrative government contracts and private sector business deals through paternal connections. An official commission later found no evidence of wrongdoing.
Inside the Mossack Fonseca data >> His offshore company controlled a $75,000 bank account for Kufour and his mother
In early 2001, shortly after the start of his father’s first presidential term, Kufuor appointed Mossack Fonseca to manage The Excel 2000 Trust. Later that year, it controlled a bank account in Panama worth $75,000. His mother - Theresa Kufuor, then-Ghana’s first lady - was also a beneficiary. In November 2010, an employee in Mossack Fonseca's compliance office in the British Virgin Islands suggested to colleagues that “due to the apparent prevalence of corruption surrounding Mr. Kufour we would not recommend us taking him on as a client or continuing business with him.” Mossack Fonseca, however, continued to do business with Kufuor. In 2012, Kufuor asked Mossack Fonseca to close the trust. Files also connected Kufuor with BVI companies Fordiant Ltd and Stamford International Investments Group Limited. Both were registered when Kufuor’s father was president of Ghana and became inactive in 2004 and 2007.
This interactive produced by the International Consortium of Investigative Journalists (ICIJ) explores the stories behind the use of offshore companies of politicians and their relatives and associates — more than 100 in all. Among them are 12 current or former country leaders and more than 30 other politicians and public officials with direct connections to structures in tax havens. Their names appeared inside a cache of 11.5 million leaked files from Panama's Mossack Fonseca, one of the biggest offshore service providers. ICIJ and Süddeutsche Zeitung led a global investigation to unveil their secrets, publishing the first stories from "The Panama Papers" on April 3, 2016.
ICIJ sifted through thousands of emails, documents and images to find names that were in the public interest. The year-long investigation unveiled connections to companies in many different tax havens, their uses and their real owners, whose identities were sometimes hidden behind layers of secrecy. The investigation found more than 140 politicians and public officials connected to 55 countries. The names displayed in this interactive are a selection of the most relevant cases. All of them include political figures or people close enough to political figures that they should have triggered extra scrutiny. There are legitimate uses for offshore companies, and we do not intend to suggest or imply that any individuals or entities included in the interactive were in violation of the law.

The production of the profiles was complex and took several months. We combined a deep exploration of the Mossack Fonseca documents with research in worldwide public records such as company records, property records and assets declarations, among others. Purchasing real estate and yachts, holding bank accounts and keeping personal finances private were among the most common uses given for offshore companies. ICIJ reached out to all those in the interactive to give them a chance to comment. The answers we received are included in the profiles.

Mossack Fonseca told ICIJ that it conducts periodic follow-ups in the case of politically-exposed figures to assure that no negative results are found. The company said that for 40 years it has operated beyond reproach in its home country and in other jurisdictions where it has operations. "Our firm has never been accused or charged in connection with criminal wrongdoing", said a Mossack Fonseca public relations officer.

The Power Players is published in English, Spanish, French, Portuguese and German. ICIJ media partners been allowed to select profiles they believe are of interest to their audiences which may result in similar interactives with fewer profiles. The information in the interactive is current as of April 3, 2016 and the offshore data up to December 2015. ICIJ will release the full list of companies and people in the Panama Paper files in early May.

For questions and tips connected to this interactive contact data@icij.org
Glossary
Ultimate beneficial owner, beneficial owner, beneficiary
The person who is the true owner of a company and/or a bank account. In the offshore world, the identity of beneficial owners is often kept secret.
Nominee directors
Stand-ins who control a company on paper but exercise no real authority over its activities.
Nominee shareholder
A person who is listed as a shareholder on a company’s documents but has no real power over the company or claim to its assets. This is common practice in offshore financial structures to hide the identity of the real owner.
Intermediary
A go-between for someone seeking an offshore corporation and an offshore service provider -- usually a law-firm or a middleman that asks an offshore service provider to create an offshore firm for a client.
Power of attorney
Authorization given to a person to represent the offshore company. It can confer rights that include managing the company without any limitation, carrying out contracts, purchasing products and borrowing or lending money. Each authorization notes which powers are granted to the person who will act on behalf of the company and whether they are general or specific.
Bearer shares
Whoever physically holds a certificate of shares is considered the owner of the shares. Bearer shares provide one of the deepest levels of secrecy. Many countries have banned bearer shares because they are considered a facilitator of tax evasion and money laundering.: contact@icij.org
Credits

Research Editor: Emilia Díaz-Struck
Data Editor: Mar Cabra
Editors: Martha M. Hamilton and Marina Walker Guevara
Reporters: Delphine Reuter, Marcos García-Rey, Will Fitzgibbon, Richard Sia, Alexa Olesen, Ryan Chittum, Jake Bernstein
Researcher: Mago Torres
Fact-checkers: Richard Sia and Peter Smith
Interactive designed and built at kiln.digital
Illustator: Jesús Pérez
Translations provided by Le Monde (French), El Confidencial / laSexta (Spanish), O Estado (Portuguese) and Tamedia (German).
Big Boy 8 years ago

You are really a donboli. Is it today you know Mahamadu Bawumia? Sorry it's too late. Wait for 2020

You are really a donboli. Is it today you know Mahamadu Bawumia? Sorry it's too late. Wait for 2020
MENSAH FRED 8 years ago

Call or Whatsap me 0249620218
for LOTTO WIN
Am Mensah Fred ,I deal with LOTTO NUMBERS which comes from a trusted sources everyday

Call or Whatsap me 0249620218
for LOTTO WIN
Am Mensah Fred ,I deal with LOTTO NUMBERS which comes from a trusted sources everyday
Scorpion 8 years ago

So what? Afoko is a business man.Ride on brother.!! The pepefuo have come of age. .Skin pain akanfuo.

So what? Afoko is a business man.Ride on brother.!! The pepefuo have come of age. .Skin pain akanfuo.
Omanba Pa lslington- London 8 years ago

You called yourself a citizen of Ghana what can you do to move your country forward then?
A fool like you deserve to live in dumsor forever because you don't think like a human being.

You called yourself a citizen of Ghana what can you do to move your country forward then?
A fool like you deserve to live in dumsor forever because you don't think like a human being.
Edy 8 years ago

no boy we dont have skin pain it is akans that making ghana great our language dominate our cities dominate didnt you hear the new data that 3 northern region are gettin worse on poverty that money coukd have helped the north ...
read full comment

no boy we dont have skin pain it is akans that making ghana great our language dominate our cities dominate didnt you hear the new data that 3 northern region are gettin worse on poverty that money coukd have helped the north fool like you keep hating and your pepefuo will always be kayayo pushers after 60 years of free education you still come to kumasi to work hard labour you people cant think for your future that why you will always be second class citizen in ghana. every important ghanian have been if akan tribe that is real skin pain
orlando 8 years ago

hmmm GHANA

hmmm GHANA
simson 8 years ago

Bogus story!

Bogus story!
Iwan 8 years ago

Kwasia fuo. When k4 was mentioned everybody kept mute. Now Afoko is mentioned and there is loud noise.

Kwasia fuo. When k4 was mentioned everybody kept mute. Now Afoko is mentioned and there is loud noise.
KWAKU ANANSE 8 years ago

VISIT WEBSITE: PANAMAPAPERS.ICJC.ORG FOR DETAILS OF THE WORK INVOLVED AND VIDEOS OF THIS STORY.

VISIT WEBSITE: PANAMAPAPERS.ICJC.ORG FOR DETAILS OF THE WORK INVOLVED AND VIDEOS OF THIS STORY.
Big Jay 8 years ago

If Afoko is listed as shareholder in a foreign company and so what? He has never been a government appointee to suggest that he stole government funds and invested outside the country just as president John Dramani Mahama is ...
read full comment

If Afoko is listed as shareholder in a foreign company and so what? He has never been a government appointee to suggest that he stole government funds and invested outside the country just as president John Dramani Mahama is stealing and investing in South Africa and Dubai.
So leave Afoko alone. This is diversionary tactics of the ndc. After all, Alfred Woyome, who duped the state of milloins of Cedis is walking free.
Please give us a break!
koo 8 years ago

Since Paul Afoko was suspended from the NPP party no secret has come out or given to NDC he is a stooge and informer for John Mahama and NDC in exchange for contractsale, shame on u Afoko

Since Paul Afoko was suspended from the NPP party no secret has come out or given to NDC he is a stooge and informer for John Mahama and NDC in exchange for contractsale, shame on u Afoko
JOHN 8 years ago

He may not be a stooge of Mahama but corrupt as the former who is only interested in what goes into his pocket,something that Nana Akufo-Addo will not allow him.Kufour was a suspect in this area.

He may not be a stooge of Mahama but corrupt as the former who is only interested in what goes into his pocket,something that Nana Akufo-Addo will not allow him.Kufour was a suspect in this area.
dada 8 years ago

we want knw what in Afoko cross exams yestaday

we want knw what in Afoko cross exams yestaday
GEE 8 years ago

THAT IS FINANCIER

THAT IS FINANCIER
KWAME-BELGIUM 8 years ago

We are going to know how the NPP during the President Kuffour era used Ghana wealth.

We are going to know how the NPP during the President Kuffour era used Ghana wealth.
opanna 8 years ago

stupid man he think he's a wise man but he's not. whatever you d leads after you. finally a big shame.

stupid man he think he's a wise man but he's not. whatever you d leads after you. finally a big shame.
Ben 8 years ago

Guess what this man was a big financier for NPP, correct?
So hypothetecally Afoko to NPP as Woyome to NDC. Wow heeeheheh hahahah awesome
Ghanaians we are toast
God come down and help us

Guess what this man was a big financier for NPP, correct?
So hypothetecally Afoko to NPP as Woyome to NDC. Wow heeeheheh hahahah awesome
Ghanaians we are toast
God come down and help us
Amidini 8 years ago

If Mr Afoko is a shareholder in WAPC what is wrong ?

If Mr Afoko is a shareholder in WAPC what is wrong ?
paul 8 years ago

can someone provide source of information instead of spewing allegation

can someone provide source of information instead of spewing allegation
Osman Ramani 8 years ago

So what?

So what?
YAKUBU SANDEMA 8 years ago

AFOKO CAN BE AMONG THE PROSPEROUS BUSINESSMEN IN GHANA

AFOKO CAN BE AMONG THE PROSPEROUS BUSINESSMEN IN GHANA
still rastafari 8 years ago

joined NPP in 2000, now sooo rich???

joined NPP in 2000, now sooo rich???
Akple and Abolo 8 years ago

What about Kuffour?

What about Kuffour?
joe 8 years ago

That man havnt seen anytin yet......he shd keep tlkn those senseless words n he ll be in jail one day......there is no way we ll install his position for him....apuuu torfia kwa

That man havnt seen anytin yet......he shd keep tlkn those senseless words n he ll be in jail one day......there is no way we ll install his position for him....apuuu torfia kwa
Kwaku duah 8 years ago

So what, how many public servants many of whom were in previous and current governments named including John Kufuor and till date no Enquires set up to prove their activities. Guys lets talk about better stuff that we can pur ...
read full comment

So what, how many public servants many of whom were in previous and current governments named including John Kufuor and till date no Enquires set up to prove their activities. Guys lets talk about better stuff that we can pursue rather than things that will never see any actions from government. Afoko's naming is nothing compared to Kufuor and others. Let's discuss our failing hospitals, overcrowded schools, non payment of civil servants whilst our president is taking with him an entourage of nearly 25 persons on a 5 day visit to uk. Whilst Buhari is attending with wife and press secretary on a £3000 budget for his entire stay . Why can't Mahama stay at the high commissioners residence which is well huge to accommodate him and family. Tell me one has to go outside korle bu to buy dressings whilst on admission at the expense of our presidents super spending of £126,000 on a 5 day trip to uk. Staying at one of most expensive hotels on London. We must be dump and deluded to accept it as OK in our current status of economy. I just called the high commission to find out when our president whilst here will have audience will Ghanaian residents in uk- only to be told his diary is full and he is not here to discuss issues. That's sad! It's about time the government downsizes the staffing structure in uk. Too many faces doing the same job
Goliath 8 years ago

Yes, having stacked millions in offshore accounts you attempt to destabilize a group seeking to become motive the lot of the broad majority of poor Ghanaians! TWIT,

Yes, having stacked millions in offshore accounts you attempt to destabilize a group seeking to become motive the lot of the broad majority of poor Ghanaians! TWIT,
King Adjei 8 years ago

These are NDC Lies .

These are NDC Lies .
P Djamgbe 8 years ago

Kwame (Belgium) you are absolutely right. People are waiting anxiously to see the names of NDC Politicians popping up in these Panama papers. Now we know who the real thieves are.

Kwame (Belgium) you are absolutely right. People are waiting anxiously to see the names of NDC Politicians popping up in these Panama papers. Now we know who the real thieves are.
JOHN 8 years ago

WHY IS NPP DOING THIS?. THERE ARE SO MANY DANGEROUS PEOPLE IN THE PARTY. YOUR FORMER PRESIDENT KUFFOUR WAS THE FIRST TO BE NAMED. YOU NOW WANT TO CONNECT AFOKO TO DISCREDICT HIM.ASK YOURSELVES CAN WE ENTRUST THIS COUNTRY INTO ...
read full comment

WHY IS NPP DOING THIS?. THERE ARE SO MANY DANGEROUS PEOPLE IN THE PARTY. YOUR FORMER PRESIDENT KUFFOUR WAS THE FIRST TO BE NAMED. YOU NOW WANT TO CONNECT AFOKO TO DISCREDICT HIM.ASK YOURSELVES CAN WE ENTRUST THIS COUNTRY INTO THE HANDS OF BAWUMIA THE LAIR AND SICK AKUFFO ADDO?
Yaa. 8 years ago

Afoko is armed robber and a murderer. He and his brothers are in politics just to steal our money and they will also kill anyone who gets in their way.

Afoko is armed robber and a murderer. He and his brothers are in politics just to steal our money and they will also kill anyone who gets in their way.
Yaa. 8 years ago

Afoko is actually 419

Afoko is actually 419
Uncook 8 years ago

It's a moral crime.Afoko of all the people in the world should not evade taxes he enjoyed free education.Morality!As you may know they are all thieves in my eyes.

It's a moral crime.Afoko of all the people in the world should not evade taxes he enjoyed free education.Morality!As you may know they are all thieves in my eyes.
Investigation. 8 years ago

Amamoo William appar in the Panama sandal as he is said to have 1.6 Milion dollars hidden with the company.

Amamoo William appar in the Panama sandal as he is said to have 1.6 Milion dollars hidden with the company.
BribeFrancis Kay 8 years ago

The ndc invested for afoko so he would work against his own party. It was done by Ali Baba Mahama and his 40 ndc thieves

The ndc invested for afoko so he would work against his own party. It was done by Ali Baba Mahama and his 40 ndc thieves
Truth 8 years ago

Shame on you was NDC in power when Afoko opened the account in 2005?
You have lost your sense of moral decency

Shame on you was NDC in power when Afoko opened the account in 2005?
You have lost your sense of moral decency
son of man 8 years ago

At long last the the truth has come out. We all knew that Mahama has given Afoko the opportunity to lift oil that's why Afoko was doing everything to tarnish the Image of npp. Afoko your cup full.

At long last the the truth has come out. We all knew that Mahama has given Afoko the opportunity to lift oil that's why Afoko was doing everything to tarnish the Image of npp. Afoko your cup full.
Truth 8 years ago

Shame on you was Prez Mahama in power when Afoko opened the account in 2005?

Shame on you was Prez Mahama in power when Afoko opened the account in 2005?
diako 8 years ago

So what, is Afoko not a business man? Afoko all the way

So what, is Afoko not a business man? Afoko all the way
Amavie 8 years ago

When Ghanaians hear answer see all these crooked politicians quarreling and arguing on the TV and radio, don't be dismayed. 99% percent of them are thieves who play ordinary citizens. Very soon a law will be promulgated in th ...
read full comment

When Ghanaians hear answer see all these crooked politicians quarreling and arguing on the TV and radio, don't be dismayed. 99% percent of them are thieves who play ordinary citizens. Very soon a law will be promulgated in the US requiring all foreign nationals to declare their assets. We know these clowns who go into politics. They are rich scheming off our money. Ghana is one he'll of a dirty stinking country with pockets of nice houses. All the stolen dough is invested abroad. More names will be revealed. It's in public domain online. Most of them are using aliases anyway but time will tell.
P Djamgbe 8 years ago

Amavie, actually it's 99.999.9999.99999%. Africa must have done something terribly bad against God to deserve these thieves who call themselves politicians.

Amavie, actually it's 99.999.9999.99999%. Africa must have done something terribly bad against God to deserve these thieves who call themselves politicians.
KOJO T 8 years ago

NDC PLEASE FIND SOMETHING BETTER TO TELL GHANAIANS FOR THE PAST SEVEN YEARS U HAVE BORROWED MORE THAN ANY ONE CAN THINK OF YOU GO AND WILL COME WITH SOME CHEAP THING U HAVE DONE HARM TO MOTHER GHANA THAN GOOD. YOUR YOUTH DON' ...
read full comment

NDC PLEASE FIND SOMETHING BETTER TO TELL GHANAIANS FOR THE PAST SEVEN YEARS U HAVE BORROWED MORE THAN ANY ONE CAN THINK OF YOU GO AND WILL COME WITH SOME CHEAP THING U HAVE DONE HARM TO MOTHER GHANA THAN GOOD. YOUR YOUTH DON'T RESPECT T HE ELDERS U SAID U ARE ACCOUNTING TO THE PEOPLE BUT REFUSE TO ADD COST WHEN THEY ASKED COST THEN THE PERSON IS AN EVIL. GOD WILL SURELY SPEAK.
ROGUE LAWYER 8 years ago

leave Afoko alone he is a private business minded person, unlike government officials

leave Afoko alone he is a private business minded person, unlike government officials
Adua 8 years ago

Your insults will maintain you in opposition for a very long, long long time. Pepenis and Ayigbes will continue to rule u and there is nothing u can do about it. Afterall u are good at organising coups just try that one and s ...
read full comment

Your insults will maintain you in opposition for a very long, long long time. Pepenis and Ayigbes will continue to rule u and there is nothing u can do about it. Afterall u are good at organising coups just try that one and see what will happen to u. Afoko is rich and Npp is the loser cos u will not benefit from it this time round. Ciminals like Nana cannot rule this country period!!!
NOBODY 8 years ago

That oil company is not Afoko's. Afoko is a front man for Kufuor, believe it or not. Afoko knows too much about the NPP, and that's why the NPP is now angry at poor Akufo-Addo for stepping on Afoko's toes.

That oil company is not Afoko's. Afoko is a front man for Kufuor, believe it or not. Afoko knows too much about the NPP, and that's why the NPP is now angry at poor Akufo-Addo for stepping on Afoko's toes.
Tweaa 7 years ago

So far we've not heard anything damaging about Nana Addo or Dr. Bawumia, for these two guys are truly the leaders Ghana needs.

So far we've not heard anything damaging about Nana Addo or Dr. Bawumia, for these two guys are truly the leaders Ghana needs.

Panama Papers: Afoko listed as shareholder in West African Petroleum Co.

Read Comments .st0{display:none;fill:#14BDD3;} .st1{display:none;} .st2{display:inline;fill:#FC0F0F;} .st3{display:inline;fill:#FFFFFF;} .st4{display:inline;fill:none;stroke:#000000;stroke-width:6;stroke-miterlimit:10;} Comments (93)

Read Comments Comments (93)