I don’t own fidelity bank, never met Tinubu on debt claim – Peter Obi

I don't own fidelity bank, never met Tinubu on debt claim - Peter Obi

Isaac Samuel

Presidential candidate of the Labour Party (LP) in the 2023 general elections, Peter Obi, has dismissed allegations that he secretly met with President Bola Ahmed Tinubu in Rome over a purported N225 billion Fidelity Bank debt crisis.

Obi, in a statement on Thursday, described the claims as baseless, malicious and entirely false, noting that his recent spiritual trip to Rome was wrongly twisted by merchants paid ostensibly to propagate anything negative against him.

Some reports had claimed that Obi met secretly with Tinubu in Rome to seek intervention in a purported financial scandal involving Fidelity Bank, where Obi once served as a board member.

He clarified that his only interaction with President Tinubu since the President assumed office occurred during the inauguration Mass of Pope Leo XIV at Saint Peter’s Basilica, where they exchanged brief pleasantries lasting less than a minute.

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Obi also denied ownership of Fidelity Bank, stating that although he once served as Chairman/Director of the bank as well as two other financial institutions, he holds no personal ownership.

He said that Fidelity Bank has over 500,000 shareholders and no single majority stakeholder.

He said: “It’s obvious that the biggest business for blackmailers now is talking about Peter Obi from every negative perspective. Even my solemn spiritual trip to Rome has been twisted into yet another blackmail campaign by merchants paid ostensibly to propagate anything negative against Obi.

“One such individual, whose entire life revolves around blackmail, falsely claimed that I went to Rome to have a private meeting with President Bola Ahmed Tinubu regarding a purported ₦225 billion debt crisis involving Fidelity Bank. These claims are not only baseless, malicious, but entirely false.

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“Let me categorically state that I have never sought an audience with, nor met, President Tinubu since he assumed office, except about 1 minute meeting at the arena of Saint Peter’s Basilica Rome during the inauguration Mass of Pope Leo XIV, where I was seated behind, and had to respectfully greet him, and other dignitaries present.

“I was previously in Rome on the 9th of May for the lying in state of Pope Francis. Immediately after the mass and exchanging pleasantries, I went straight from Vatican City to London, and then back to Nigeria.

“The self-proclaimed “blackmailer-in-chief” and others who thrive on spreading pain and falsehoods have also claimed that I own Fidelity Bank. For the record, I do not. Throughout my career, I have served as Chairman/Director of 3 banks/Financial institutions, of which Fidelity is one of them. Fidelity has over 500,000 shareholders, none of whom hold a majority stake. What this blackmailer seeks is to harm these hard-working Nigerians and cause them needless distress.

ALSO READ  ADC woos Jonathan as Mark, Atiku insist on primaries Isaac Samuel The race to the 2027 presidency took a dramatic turn this week as the African Democratic Congress (ADC) intensified efforts to lure former President Goodluck Jonathan into its fold. Jonathan, it was gathered is also taking decisive moves to reset opposition strategy and mount a formidable challenge against President Bola Tinubu. The former President held a closed-door meeting held in Abuja on Thursday with ADC National Chairman, Senator David Mark. Jonathan, who publicly met with politicians and party leaders for the first time since his rumoured bid to return to power, met the ADC stakeholders at the home of Mark. Seen in a viral video as he walked into the expansive residence of the former Senate President in Abuja, others with Mark were former Minister of Sports and ADC spokesperson, Malam Bolaji Abdullahi as well as a former National Publicity Secretary of the Peoples Democratic Party (PDP), Mr. Kola Ologbondiyan, among others. Sources claimed the former president has begun consultations ahead of the 2027 polls following increasing pressure to get in the ring and ‘save’ the nation. But it was learnt that the former President's bid to return to Aso Rock on the platform of the opposition coalition may have hit an early stumbling block. At Thursday’s meeting, Mark was said to have told the former president in clear terms that the only path to the party’s presidential ticket was through the front door by formally joining the party and submitting himself to a transparent primary election. Unable to secure any guarantees, Jonathan and Mark agreed to meet again soon to review the situation. It was learnt that the ADC is moving to draft Jonathan into the race beccause he is seen as a compromise candidate, but his strong base used to be the South-East which is now the political fortress of Obi. But Jonathan is not alone in seeking assurances. Both former Vice President Atiku Abubakar and Labour Party’s 2023 presidential candidate, Peter Obi, are also pressing the ADC leadership for firm commitments before they take the plunge. The party’s new leadership, however, has refused to make such promises, a development that explains why all three leading contenders are still holding back from declaring for the party. For them, early commitment without certainty could prove politically fatal. Aligning with the ADC and then losing its ticket could leave any of the trio stranded and without a viable political vehicle ahead of 2027. Obi has consistently insisted that power must remain in the South for equity, even pledging to serve a single term if elected. But his camp remains opposed to any vice-presidential offer, warning that such a move would be politically suicidal after his strong showing in 2023. For Atiku, who resigned from the PDP in July, the plan is to complete ongoing grassroots mobilisation before formally collecting his ADC membership card in Adamawa. While Atiku insists he is ready for an open primary, his increasing influence within ADC backed by significant political investments is fuelling fears that the presidential ticket may already be tilted in his favour. That dynamic, party figures say, could force Jonathan and Obi to reconsider their strategies. Meanwhile, the ADC leadership is trying to project unity. After a caucus meeting in Abuja attended by Mark, Atiku, former governors Nasir El-Rufai, Aminu Tambuwal and Rotimi Amaechi, the party directed all undecided members to resign from their existing parties. Peter Obi, a member of the coalition party, had yet to disclaim his membership of Labour Party (LP). Atiku is also yet to get his ADC membership even though he has resigned from PDP. National Publicity Secretary of ADC, Bolaji Abdullahi, disclosed the new directive while addressing journalists in Abuja, after a caucus meeting attended by top party leaders and political figures. Abdullahi said, “Though final order has been given to all members to resign membership of other political parties, the caucus was silent on the timeline.” The caucus also announced that all issues concerning African Democratic Association (ADA) had been concluded. According to Abdullahi, “The coalition has rested everything concerning the ADA. That means they are not interested in the registration or otherwise of the association.” On the 2027 presidential race, Abdullahi said ADC’s presidential aspirants had agreed to back whoever emerged winner of the primaries. “All the presidential aspirants have agreed to support whoever wins the primaries election,” he stated. The ADC spokesman further revealed that the party’s National Working Committee (NWC) would soon announce dates for primaries in Osun and Ekiti states ahead of the off-cycle governorship elections in both states. Those present at the meeting included National Chairman, David Mark; former Vice President Atiku Abubakar; National Secretary, Ogbeni Rauf Aregbesola; former Kaduna State Governor, Mallam Nasir el-Rufai; former Sokoto State Governor, Senator Aminu Tambuwal; and former Rivers State Governor, Chibuike Amaechi.

“To those peddling these falsehoods, and engaging in blackmail, I offer a simple prayer: May God grant you the virtues of gratitude and understanding to know that we came here with nothing and will go with nothing, that they cannot profit from their evil ways.

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