• Home
  • GroundBreakers
  • Politics
  • Business
  • Economy
  • Education
  • Health
  • Entertainment
  • Global
  • Lifestyle
  • Sports
  • How To
  • More
    • Science & Tech
    • Interviews
    • Advertise
    • About Us
    • Contact Us
Sunday, May 29, 2022
  • Login
Starman Magazine
Advertisement
  • Home
  • GroundBreakers
  • Politics
    The Power Lines Between The President And The Governors

    The Power Lines Between The President And The Governors

    The Alarming Increasing Rate Of Poverty In Nigeria

    The Alarming Increasing Rate Of Poverty In Nigeria

    The Lip Service Promises Of Political Campaigners

    The Lip Service Promises Of Political Campaigners

    AFCON 2022 Round Of 16 Round-Up

    The Electorates And The Choice Of Nigeria’s Leadership

  • Business
    DeFi (Decentralized Finance) In Details

    DeFi (Decentralized Finance) In Details

    Exuding Impunity By Custodians Of The Rule Of Law

    Kazakhstan Put On Hold Crypto Mining

    What is The Future Of Cryptocurrency?

    What is The Future Of Cryptocurrency?

    The Modern-Day Parenting And Gangsterism Among Teenagers – A Case Study Of Dowen College

    Bitcoin Founder Finally Revealed?

  • Economy
    How The Russia-Ukraine War Affects The Nigerian Economy

    Nigeria Must Plan And Act Consciously For Development

    Parent, Do You Really Know Who Your Child Is With?

    Electricity Sector Disaster – Will Nigeria Ever Have Steady Power Supply?

    Five Policies By The Central Bank Of Nigeria That Impacted 2021

    Five Policies By The Central Bank Of Nigeria That Impacted 2021

    Twitter CEO Quits After 16 Years

    The Endless Chinese Debt-Trap Hanging On Nigeria’s Neck

  • Education
    The Modern-Day Parenting And Gangsterism Among Teenagers – A Case Study Of Dowen College

    The Modern-Day Parenting And Gangsterism Among Teenagers – A Case Study Of Dowen College

    Illegal University Institutions Operating In Nigeria

    Illegal University Institutions Operating In Nigeria

    Restructuring Education – Key To Future Development

    Restructuring Education – Key To Future Development

    The Impact Of Research On Growth And Development; Nigeria’s Attitude

    The Impact Of Research On Growth And Development; Nigeria’s Attitude

  • Health
    Messi’s 21 Years At Barca Ends Amid Tears

    Marketing The Healthcare Sector In Akwa Ibom State

    Sports – A Vehicle For Wealth Creation

    Covid-19 Virus Delta Variant: How Prepared Is Akwa Ibom?

    Sports – A Vehicle For Wealth Creation

    Transforming Akwa Ibom Into A Pharmaceutical And Biomedical Hub

    Why Diabetics Are Easy Targets For Covid-19 Pandemic

    The Wealth In Health

  • Entertainment
    Internationally Acclaimed Nigerian Musical Maestros

    Internationally Acclaimed Nigerian Musical Maestros

    The Olojo Festival – A Celebration Of A New Dawn

    The Olojo Festival – A Celebration Of A New Dawn

    The Oro Festival – For Peace, Order And Cleansing

    The Oro Festival – For Peace, Order And Cleansing

    The Rivers State “Carniriv” – A Colourful Fun Flow Carnival

    The Rivers State “Carniriv” – A Colourful Fun Flow Carnival

  • Global
    How The Russia-Ukraine War Affects The Nigerian Economy

    How The Russia-Ukraine War Affects The Nigerian Economy

    The Real Reasons Behind Russia’s Invasion Of Ukraine

    The Real Reasons Behind Russia’s Invasion Of Ukraine

    Barbados Break Ties With The UK; Adopts Republicanism

    Barbados Break Ties With The UK; Adopts Republicanism

    The Super-Wealthy; A Danger To Good Governance?

    The Super-Wealthy; A Danger To Good Governance?

  • Lifestyle
    Parent, Do You Really Know Who Your Child Is With?

    Parent, Do You Really Know Who Your Child Is With?

    Two Ancient Artefacts Believed To Be 124 Years Arrived Benin Kingdom

    Two Ancient Artefacts Believed To Be 124 Years Arrived Benin Kingdom

    US Lawmakers Move To Sanitize All Social Media Within Its Space

    Bizarre But True: The Marriage Market In China

    A Famous Cleric Made The Pandora Papers’ List

    A Famous Cleric Made The Pandora Papers’ List

  • Sports
    Senegal Emerged Crowned Champion in AFCON 2022

    Senegal Emerged Crowned Champion in AFCON 2022

    AFCON 2022 Semi-Final Round-Up

    AFCON 2022 Semi-Final Round-Up

    The Cost Of A Minute Violence – The Case Of Mason Greenwood Alleged Assault

    The Cost Of A Minute Violence – The Case Of Mason Greenwood Alleged Assault

    AFCON 2022 Quarter Final Round-Up

    AFCON 2022 Quarter Final Round-Up

  • How To
    How To Acquire Crypto Wallets

    How To Acquire Crypto Wallets

    Prepaid Metering And How To Use It Effectively

    Prepaid Metering And How To Use It Effectively

    How To Send Online Messages That Work

    How To Send Online Messages That Work

    Messi’s 21 Years At Barca Ends Amid Tears

    How To Make A Small Investment In Real Estate

  • More
    • Science & Tech
    • Interviews
    • Advertise
    • About Us
    • Contact Us
No Result
View All Result
  • Home
  • GroundBreakers
  • Politics
    The Power Lines Between The President And The Governors

    The Power Lines Between The President And The Governors

    The Alarming Increasing Rate Of Poverty In Nigeria

    The Alarming Increasing Rate Of Poverty In Nigeria

    The Lip Service Promises Of Political Campaigners

    The Lip Service Promises Of Political Campaigners

    AFCON 2022 Round Of 16 Round-Up

    The Electorates And The Choice Of Nigeria’s Leadership

  • Business
    DeFi (Decentralized Finance) In Details

    DeFi (Decentralized Finance) In Details

    Exuding Impunity By Custodians Of The Rule Of Law

    Kazakhstan Put On Hold Crypto Mining

    What is The Future Of Cryptocurrency?

    What is The Future Of Cryptocurrency?

    The Modern-Day Parenting And Gangsterism Among Teenagers – A Case Study Of Dowen College

    Bitcoin Founder Finally Revealed?

  • Economy
    How The Russia-Ukraine War Affects The Nigerian Economy

    Nigeria Must Plan And Act Consciously For Development

    Parent, Do You Really Know Who Your Child Is With?

    Electricity Sector Disaster – Will Nigeria Ever Have Steady Power Supply?

    Five Policies By The Central Bank Of Nigeria That Impacted 2021

    Five Policies By The Central Bank Of Nigeria That Impacted 2021

    Twitter CEO Quits After 16 Years

    The Endless Chinese Debt-Trap Hanging On Nigeria’s Neck

  • Education
    The Modern-Day Parenting And Gangsterism Among Teenagers – A Case Study Of Dowen College

    The Modern-Day Parenting And Gangsterism Among Teenagers – A Case Study Of Dowen College

    Illegal University Institutions Operating In Nigeria

    Illegal University Institutions Operating In Nigeria

    Restructuring Education – Key To Future Development

    Restructuring Education – Key To Future Development

    The Impact Of Research On Growth And Development; Nigeria’s Attitude

    The Impact Of Research On Growth And Development; Nigeria’s Attitude

  • Health
    Messi’s 21 Years At Barca Ends Amid Tears

    Marketing The Healthcare Sector In Akwa Ibom State

    Sports – A Vehicle For Wealth Creation

    Covid-19 Virus Delta Variant: How Prepared Is Akwa Ibom?

    Sports – A Vehicle For Wealth Creation

    Transforming Akwa Ibom Into A Pharmaceutical And Biomedical Hub

    Why Diabetics Are Easy Targets For Covid-19 Pandemic

    The Wealth In Health

  • Entertainment
    Internationally Acclaimed Nigerian Musical Maestros

    Internationally Acclaimed Nigerian Musical Maestros

    The Olojo Festival – A Celebration Of A New Dawn

    The Olojo Festival – A Celebration Of A New Dawn

    The Oro Festival – For Peace, Order And Cleansing

    The Oro Festival – For Peace, Order And Cleansing

    The Rivers State “Carniriv” – A Colourful Fun Flow Carnival

    The Rivers State “Carniriv” – A Colourful Fun Flow Carnival

  • Global
    How The Russia-Ukraine War Affects The Nigerian Economy

    How The Russia-Ukraine War Affects The Nigerian Economy

    The Real Reasons Behind Russia’s Invasion Of Ukraine

    The Real Reasons Behind Russia’s Invasion Of Ukraine

    Barbados Break Ties With The UK; Adopts Republicanism

    Barbados Break Ties With The UK; Adopts Republicanism

    The Super-Wealthy; A Danger To Good Governance?

    The Super-Wealthy; A Danger To Good Governance?

  • Lifestyle
    Parent, Do You Really Know Who Your Child Is With?

    Parent, Do You Really Know Who Your Child Is With?

    Two Ancient Artefacts Believed To Be 124 Years Arrived Benin Kingdom

    Two Ancient Artefacts Believed To Be 124 Years Arrived Benin Kingdom

    US Lawmakers Move To Sanitize All Social Media Within Its Space

    Bizarre But True: The Marriage Market In China

    A Famous Cleric Made The Pandora Papers’ List

    A Famous Cleric Made The Pandora Papers’ List

  • Sports
    Senegal Emerged Crowned Champion in AFCON 2022

    Senegal Emerged Crowned Champion in AFCON 2022

    AFCON 2022 Semi-Final Round-Up

    AFCON 2022 Semi-Final Round-Up

    The Cost Of A Minute Violence – The Case Of Mason Greenwood Alleged Assault

    The Cost Of A Minute Violence – The Case Of Mason Greenwood Alleged Assault

    AFCON 2022 Quarter Final Round-Up

    AFCON 2022 Quarter Final Round-Up

  • How To
    How To Acquire Crypto Wallets

    How To Acquire Crypto Wallets

    Prepaid Metering And How To Use It Effectively

    Prepaid Metering And How To Use It Effectively

    How To Send Online Messages That Work

    How To Send Online Messages That Work

    Messi’s 21 Years At Barca Ends Amid Tears

    How To Make A Small Investment In Real Estate

  • More
    • Science & Tech
    • Interviews
    • Advertise
    • About Us
    • Contact Us
No Result
View All Result
Starman Magazine
No Result
View All Result
Home Economy

More And More Nigerians Exposed In The Pandora Papers

According to Premium Times, the Pandora Papers investigation, which involved over 600 journalists and over 100 media organizations, revealed the financial dealings of former British Prime Minister Tony Blair, Kenyan President Uhuru Kenyatta, Russian President Vladimir Putin's image-maker, and many others.

Starman by Starman
October 16, 2021
in Economy
0
A Famous Cleric Made The Pandora Papers’ List
109
SHARES
121
VIEWS
https://facebook.com/starmanmagazine1https://twitter.com/starmanmagazin1 2348088476788
59 / 100
Powered by Rank Math SEO

This piece is a revelation on how some Nigerians hid multibillion-dollar assets in two tax haven banks, according to the Pandora Papers.

According to the most recent release of the Pandora Papers by Premium Times, filings of these individuals’ businesses with their offshore financial managers, Trident Trust Company (BVI) Limited, showed that as of October 2016, they had a combined treasure worth about $100 million and £77.3 million in assets, cash, bonds, equities, mutual funds, and property holdings controlled by the Standard Chartered Bank in Guernsey, Jersey, and the United Kingdom.

Two more had assets in Standard Bank, Jersey, totaling $511,860 and 50,000 pounds.

These individuals’ assets total around N84 billion, according to the Central Bank of Nigeria’s exchange rates.

The assets are also valued N117 billion on the parallel market (black market).

According to Premium Times, the Pandora Papers investigation, which involved over 600 journalists and over 100 media organizations, revealed the financial dealings of former British Prime Minister Tony Blair, Kenyan President Uhuru Kenyatta, Russian President Vladimir Putin’s image-maker, and many others.

Related Articles

How The Russia-Ukraine War Affects The Nigerian Economy

Nigeria Must Plan And Act Consciously For Development

110
Parent, Do You Really Know Who Your Child Is With?

Electricity Sector Disaster – Will Nigeria Ever Have Steady Power Supply?

102

Financial secrets of politicians, former and serving public officials, including Governor Atiku Bagudu of Kebbi State, former PDP Vice-Presidential candidate Peter Obi, APC chieftain Senator Stella Oduah, and Governor Gboyega Oyetola of Osun State, among others, were uncovered during the investigation.

Two former Military Governors, a former Minister, a former Presidential Adviser, and some of Nigeria’s most powerful business people are among the Nigerians named in the latest exposé. Here are a few examples:

Hakeem Adebayo Folawiyo and Lisa Folawiyo

Hakeem Adebayo Folawiyo and Lisa Folawiyo are members of the Folawiyo dynasty, a wealthy family whose forefathers were well-known in the southwest of Nigeria, particularly Lagos, for their wealth.

According to public records, Mr. Folawiyo is a stakeholder and one of the two directors of Kinexus Data Service Limited, a Lagos-based firm founded in 2016. In addition, he serves on the Board of Directors of Folawiyo Energy Limited.

The 48-year-old business tycoon was a Director of Lacemere (UK) Limited until it was disbanded 14 years ago.

Lisa Folawiyo, 45, is the creator and director of Lisa Folawiyo Studio, which she created in 2005 and sells ready-to-wear Ankara textiles by blending “ancient patterns with contemporary forms that are hand completed.”

Lisa Folawiyo

She was named to the Business of Fashion’s BOF500 list in 2015 after winning the 2012 Africa Fashion Award.

The Zayzac Trust, which is owned by their offshore firm, Capela Holdings Limited, is settlors and beneficial owners of both Folawiyos. Standard Chartered Trust handled the trust, which had a value of $300 million as of October 2016 and £2.2 million (approximately N1.7 billion) in cash, bonds, equities, mutual funds, and property interests (New Jersey).

Allendale Properties, a co-owned BVI business valued at $1.5 million and £2.5 million (about N2.8 billion), is held by Standard Chartered Bank Jersey.

The two have a total bank balance of N4.5 billion.

Harry Thakurdas Thadani and Bindu Deepak Bakshani

Mr. Thadani is a Nigerian of Indian descent who currently resides in Nigeria.

Mr. Thadani, who was born in October 1969, is an industrialist who has served as a director of a number of firms, including Good Food Product UK Limited, a UK-based packaging firm that was founded in 2004 but has since been dissolved.

Mr. Thadani owns a firm, Divina Holdings Limited, with a value of £1,554,000 (N593.5 million) in cash, bonds, equities, mutual funds, and property holdings with Standard Chartered Trust, alongside Bindu Deepak Bakshani, also a Nigerian but of Sri Lankan ancestry (Jersey).

The pair also owned Pink Coral Trading Limited, an offshore company with a Standard Chartered Bank , Jersey, investment portfolio of 808, 900 pounds (approximately 627 million Naira).

Gregory Friday Uanseru

Gregory Friday Uanseru, the President and CEO of Greg Continental Agency (GCA) Energy Limited, is the owner of Heritage Group International Limited. His credentials show that he deals in oil and gas machines and equipment.

The oil magnate used Standard Chartered Bank in Jersey to manage £2.9 million in property, $66.1 million in cash, bonds, equities, and mutual funds, and £2.3 million in cash, bonds, equities, and mutual funds.

Stanley Adeniyi Jegede

Latote Assets Limited, HG Properties Limited, and Latote Trust were all held by Mr. Jegede. He had $1.7 million in assets with Standard Chartered Bank in Jersey through the three businesses, as well as £1 million.

This means that the 54-year-old chairman of Phase 3 Telecoms has N1.8 billion in offshore accounts.

Andrew Folorunso Alli

Andrew Folorunso Alli is the CEO of Southbridge Group, a pan-African financial advisory firm, and a non-Executive Director of MTN Nigeria, CDC Group, a U.K. government-owned DFI, and the Development Bank of Nigeria, among other top corporate positions he has held at home and abroad, including being the CEO of Africa Finance Corporation.

The ultimate beneficial owner of the offshore companies Zigzag Africa Limited, Zigzag Trading Limited, and the Zigzag Trust was a Nigerian-British national. The three companies have $3.9 million in assets with Standard Chartered Bank (about N2.3 billion) (Jersey).

Aderemi Muyinudeen Makanjuola

Aderemi Muyinudeen Makanjuola, the Makanjuolas’ patriarch, chaired the Board of Caverton Offshore Support Group, and he had assets of $4,000 and £3 million with Standard Chartered Bank through his company Bramble Offshore Limited (Jersey).

Adeniyi Ibraheem Makanjuola

Caverton Helicopters, a subsidiary of his father’s parent company, is co-owned by Adeniyi Ibraheem Makanjuola, 41. He co-owned Templefield Investments Holdings Limited with Oludarafunmi Clarissa Makanjuola, 39, and held its assets with Standard Chartered Bank worth £9.5 million (N7.4 billion) (Jersey).

Chukwudalu Udemezue Mba

The Goree Trust, which is held by his offshore corporation, Aravale Investing Limited, has Standard Chartered Trust (Guernsey) as a trustee. With Standard Chartered Bank in Jersey, the company retained £606,700 (N470.2 million) in cash, stock, and bonds.

Emmanuel Chukwuma Edozien

In 2019, the late economist, who served as President Shehu Shagari’s senior economic adviser, died at the age of 82.

Erico Investments Limited, Larimer Holdings Limited, Mayqueen Properties Limited, Petalina Investments Limited, BEC Trust, and Betemen Trust were among the offshore companies he controlled.

All of the assets are valued at $42 million (N24.1 billion) and £2.7 million (N2.1 billion), for a total of N26.2 billion in shares, bonds, and property held by Standard Chartered Bank in Jersey and London.

Anwar Mansour Jarmakani

The self-made industrialist is the founder and executive chairman of Jagal, a Nigerian conglomerate holding that deals in energy businesses and manages a diverse portfolio of investments. He migrated from Syria to Nigeria in 1963 and has since become a naturalized Nigerian.

Mr. Jarmakani, 72, had $2,300 and £8.9 million (both N6.9 billion) in assets, which included properties, through his Starstone Holdings Limited. Standard Chartered Bank of Jersey held the assets.

Jonathan Tunde Ogbeha

During the military era, the former General served as administrator of Akwa Ibom and the defunct Bendel States, as well as a two-term senator for Kogi State’s Kogi West seat.

He was involved in wireless telecommunication business, according to documents from his financial dealings. He stored $5 million (about N2.8 billion) at Standard Chartered Bank, Jersey, using his BVI firm, Red Devils Investments Limited.

Jubril Adewale Tinubu

Sloane Square Limited Investment Holdings is owned by Jubril Adewale Tinubu, the group chief executive of Oando PLC, and has a $4.9 million (N2.8 billion) account at Standard Chartered Bank in London.

Rilwan Olakunle Tinubu

Trojan Estates Limited, based in Nigeria, is led by Rilwan Tinubu. He did, however, have $14,100 and £4.9 million in assets with Standard Chartered Bank, Jersey, through his Wren Finance Limited and The Madison Trust (for a total of N3.8 billion).

Muhammed Sani Bello

The current Niger State Governor’s father is a retired colonel who served as Kano State’s military administrator and as an ex-ambassador to Zimbabwe. Dantata and Sawoe Construction Company Limited, as well as Mainstream Energy Solutions Limited, are under his leadership.

With a net worth of $500 million, Forbes listed him as the 38th richest person in Africa in 2013. That is N287.5 billion in today’s currency.

Mr. Bello, 78, is the owner of Sandel Holdings Limited, an offshore company that has $39,800,000 (N22.9 billion) in cash, bonds, shares, and mutual funds at Standard Chartered Bank London. Standard Chartered Trust, Guernsey, is responsible for the assets.

Narenda Lakhi Chukni

The 56-year-old Indian-Nigerian owns BVI company Javelin Properties Limited, which specializes in real estate management. Standard Chartered Bank, Jersey, held his $3.3 million (N2.6 billion) in assets.

Olufemi Peter Otedola

Hampshire Venture Property Holdings Limited, a British Virgin Island corporation owned by the billionaire businessman with interests in oil and gas and power generating. Mr Otedola’s Fenman 2 Settlement and that business kept $34.4 million (N19.8 billion) in Standard Chartered Bank’s Jersey account.

Omatseyin Akere Ayida

Mr. Ayida is the CEO of Ruyat Oil Limited and a member of the board of directors at Mainstream Energy Solutions Limited. He owns Sunnysky Ventures Limited and the Akene Ayida Trust, through which he maintained $545,800 (N313.8 million) at Standard Chartered Bank in London.

Standard Chartered Trust, Guernsey, oversees the investment portfolio.

Atedo Peterside (former Chairman of Stanbic IBTC Bank) and Abayomi Aderemi Awobokun (CEO, Enyo Retail & Supply Limited) had accounts with Standard Chartered Bank offices in Jersey and Singapore, according to Trident Trust data. The assets’ value, however, is uncertain.

Mr. Peterside owns ANAP Overseas Investment Limited and the Atedo N.A. Peterside Overseas Trust, whereas Mr. Awobokun owns Kun-Smata Limited and the Kun-Smata Trust.

Two additional Nigerians, one a former permanent secretary, were also found to have assets at Standard Bank, Jersey, which claims to provide offshore banking for individuals, corporations, and high-net-worth individuals, according to Trident Trust’s data.

Adedoyin Adebusola Adeyinka

Mr. Adeyinka, 50, is the CEO of Acorn Petroleum Plc, a Nigerian oil and gas company. CS Offshore S.A., a Panamanian shell corporation, was also linked to him.

Through his Zang Worldwide Limited, a company he formed in the Isle of Man, the businessman held 511, 860 dollars in Standard Bank Jersey. The company’s sole director is Lumbro Nominees Jersey Limited.

The Phillips Trust is also owned by Mr Adeyinka (for which Access Trustee Company Limited serves as trustee).

Asiodu Phillips

Mr. Asiodu, a retired Permanent Secretary, advised Presidents Shehu Shagari (1983) and Olusegun Obasanjo on economic problems (1999 to 2001). He also served as the Minister of Petroleum and Mineral Resources (1992 to 1993).

Mr. Asiodu founded the Philip Asiodu 1992 Voluntary Settlement on October 23, 1992, and owned the offshore business, Apolina Limited.

The Trust’s income came from “savings, rents from existing properties, gratuity and retirement benefits, and afterwards re-investment of some dividends,” according to the former minister’s offshore business manager.

In one document, Trident Trust stated, “The UBO (ultimate beneficial owner) retired from the Nigerian Civil Service in 1975 after serving in the position of Permanent Secretary for 10 years. He then set up a company incorporated in Nigeria called Medife Limited for consultancy, feasibility studies, advisory services on mobilisation of funding for new ventures,”.

The trust was dissolved on December 12, 2016, with a balance of 50,000 pounds in its bank account.

 

 

 

 

Please be so kind to support our cause. Donate to Starman Magazine for a continued intuitive, insightful, and educative information from a satellite viewpoint free from predisposition of any kind. Thank you!
dbutton

Reader's Comments

Tags: pandora paper

Related Posts

How The Russia-Ukraine War Affects The Nigerian Economy
Economy

Nigeria Must Plan And Act Consciously For Development

110
Parent, Do You Really Know Who Your Child Is With?
Economy

Electricity Sector Disaster – Will Nigeria Ever Have Steady Power Supply?

102
Five Policies By The Central Bank Of Nigeria That Impacted 2021
Economy

Five Policies By The Central Bank Of Nigeria That Impacted 2021

110


Starman Magazine is a trusted source for information on politics, business and economy, health, lifestyle, arts and culture, and other news of human endeavour that add value to our society; that is why we are Africa’s leading online magazine.

How The Russia-Ukraine War Affects The Nigerian Economy

How The Russia-Ukraine War Affects The Nigerian Economy

How The Russia-Ukraine War Affects The Nigerian Economy

Nigeria Must Plan And Act Consciously For Development

Senegal Emerged Crowned Champion in AFCON 2022

Senegal Emerged Crowned Champion in AFCON 2022

  • Advertise
  • About Us
  • Contact Us
  • Privacy Policy

© 2022 Starman Magazine - Africa's leading online magazine

No Result
View All Result
  • Home
  • GroundBreakers
  • Politics
  • Business
  • Economy
  • Education
  • Health
  • Entertainment
  • Global
  • Lifestyle
  • Sports
  • How To
  • More
    • Science & Tech
    • Interviews
    • Advertise
    • About Us
    • Contact Us

© 2022 Starman Magazine - Africa's leading online magazine

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
error: Alert: Content is protected by Starman Magazine !!