Thursday, 14 April 2016

New Documents Reveal TB Joshua Actually Owns A Company In Tax Haven

Three separate documents retrieved from the massive #PanamaPapers database have countered the claim by the founder of the Synagogue Church of All Nations, Temitope Joshua, that he had no link with any offshore company at the British Virgin Island (BVI), a notorious tax haven. More stories and the documents after the break....
As part of its #PanamaPapers coverage, Premium Times had exposed Mr. Joshua, one of Africa’s most famous televangelists, as having link with Chillion Consultancy Limited, a shell company incorporated in BVI on June 20, 2006.
But shortly after the story ran, the pastor posted a statement on his church’s Facebook Page, denying ownership of the company and suggesting the report was fabricated to pull him down.
However, details in the documents that is now made public point directly at Mr. Joshua and his wife as owners of Chillion Consultancy.
The documents include:
  1. Certificate of incumbency which shows the company as being in good standing at least until December 13, 2006
  2. Register of members
  3. Register of Directors
  4. Case Details – Shareholders/members of the company.
The documents show that while incorporating the company, Mr. Joshua or his agent provided Mossack Fonseca with details of his valid passport at the time with which he was identified in all transactions related to him and the company. Photo credit: Premium Times. Click Here to Download Our Android App