Abia Governor Confirms Peter Obi's $155M Left in Anambra

Abia Governor Alex Otti reaffirmed during an interview with ARISE Television that former Anambra State Governor Peter Obi left about $155 million in funds and investments at the end of his tenure in 2014. This statement comes amid controversy regarding Anambra State's financial position, with claims from the current Anambra State Government that Obi left outstanding foreign loans totaling approximately $123.7 million.

Obi has rejected these claims, asserting that he left over $150 million, which would have been sufficient to cover any alleged debts. Otti, who was the Chief Executive Officer of Diamond Bank at the time, stated that Obi initially intended to keep the funds in naira but was advised to convert them to dollars due to concerns about the naira's depreciation.

Otti's comments align with his previous account published in 2020, where he emphasized prudent management of government resources. Obi governed Anambra from 2006 to 2014 and has consistently disputed the debt claims made against him.