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Offshore Leaks Database

Data from
Paradise Papers - The Power Players
President, Liberia (2006-present)

Ellen Johnson Sirleaf

Related to

Liberia Ghana Bermuda

About

Ellen Johnson Sirleaf has served as the president of Liberia since 2006. Before her presidency, Johnson Sirleaf was a director of Databank, a financial services provider based in the West African country of Ghana.

In the data

Johnson Sirleaf was listed as a director of the Bermuda company Songhai Financial Holdings Ltd. a subsidiary of Databank’s finance, fund management and investment company Databank Brokerage Ltd., from April 2001 until September 2012, according to Appleby’s files. Ken Nana Yaw Ofori-Atta, now Ghana’s finance minister, was a co-founder of Databank and a co-director, with Johnson Sirleaf, of Songhai Financial Holdings.

Response

Stephen D. Cashin, chief executive of Pan African Capital and a board member of Databank, responded to a request for comment from Sirleaf-Johnson that Songhai was designed for offshore investors to invest in Ghana’s Databank and that Databank had no business in Liberia. Sirleaf-Johnson was elected to the board of Databank before being elected president, he told ICIJ, and she has no interest in Songhai or Databank. Cashin said Sirleaf-Johnson actually resigned from Songhai before her election campaign, but the resignation was “not effected” until 2012 due to “an administrative oversight” in Bermuda.
This visualization contains relevant information in relation to the profiled individual. Some additional connections might show up once we release the full structured data connected to the Paradise Papers investigation in the coming weeks.

Disclaimer

There are legitimate uses for offshore companies and trusts. The inclusion of a person or entity in the ICIJ Offshore Leaks Database is not intended to suggest or imply that they have engaged in illegal or improper conduct. Many people and entities have the same or similar names. We suggest you confirm the identities of any individuals or entities included in the database based on addresses or other identifiable information. The data comes directly from the leaked files ICIJ has received in connection with various investigations and each dataset encompasses a defined time period specified in the database. Some information may have changed over time. Please contact us if you find an error in the database.

There are legitimate uses for offshore companies and trusts. Read more