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Sold Peter Obi’s Dollars: How Obiano Tried To Stop The Nation Newspaper From Exposing Him


Following the report exposing how Obiano sold Dollar components of Peter Obi's savings, he moved to hijack copies of the papers meant for the state.

Following the scathing report by The Nation Newspaper exposing how the governor of Anambra State, Mr Willie Obiano, sold the Dollar components of Mr Peter Obi’s savings, it was gathered that Obiano made adroit moves to hijack the copies of the papers meant for circulation in the state.

According to an insider, Mr Kingsley Nebolisa, Obiano and his goons cornered several bundles of The Nation Newspaper of today being 10/11/12 meant for Circulation in the east especially in Anambra.

 The aim, according to him, is to ensure that the people will not get to read about how Governor Obiano “sold off the Dollar components of Sir Peter Obi’s savings in Access and Fidelity banks which the paper did an investigation about and unraveled”.

He further said that as early as 8am today when the news was broke on the Social media on how the dollars were sold, Obiano and his boys “immediately placed several calls on the circulation agent in charge of East on possible ways of delaying and hoarding the papers”.

“While these were going on, he said, “the Head office of the newspaper outfit in Lagos had already gotten a report that there are no Nations Newspaper at news stands as at 11 am this morning.

“The Management swung into action immediately and prompted another batch to be airlifted immediately from Lagos,” he stated.

Fortunately, he wrote further, the papers arrived different news Stand in Anambra and other States in the East.

According to the report, Obiano “started selling these dollars as soon as he became the Governor  and has been selling  them at intervals thereafter culminating in the  last transaction over which  10  Billion Naira was  realized.”

The Nation further showed that “the last transaction was carried out following a letter by Anambra State Investment Promotion and Protection Agency dated March 17th, 2017 and with the reference no of ANSIPPA/MD/CEO/028/12A  and signed by the Chief Executive Officer, Mr. Joe-billy Ekwunife directing Afrinvest, the firm Gov. Obiano immediately on assuming office appointed to manage the savings to “to execute a partial sale of the Eurobond Portfolio domiciled with Fidelity Bank Plc and Access bank plc to raise the sum of N3.7 Billion and N6.3 Billion respectively.”

Thus acting as instructed, Afrinvest  executed the deal in utmost confidentiality (over the counter) as requested by Anambra Government.

The bonds in Fidelity Bank  that were disposed by the directives were: 6.75% 28 January 2021 FGN Bond with facevalue of $30,000; 6.38% 12 July 2023 FGN bond with facevalue of $50,000 in Fidelity Bank. 

Also affected were the 10.5% 19 October 2021 Access Bank with facevalue of $21,000 and 8% 23 July 2021 FBN bond with facevalue of $14,000. 

The FBN bond was sold in two tranches of $9,000 and $5,000.

The bonds in Access bank that were also disposed were $70,825 of the 9.0% 26 March 2018 Seatruck and $147,000 of 9.25% 24th June 2021,  Access Bank.

Prior to their sale, the savings had yielded billion of Naira as revealed by the Managers.

As has become customary each time the bonds were sold, Anambra State Investment Promotion and Protection Agency in a letter of April 25, 2017, with the reference no of ANSIPPA/MD/CEO/028/12 and signed by its CEO, requested Afrinvest to credit the money realized into Anambra State Special Excess Crude Account 1 in Fidelity Bank with the account number of 5030005239, curiously not under the Accountant General of the State.

In an earlier publication today, Elombah.com reported that people and residents of Anambra State asked incumbent Governor Obiano to account for the $156 million saved by the immediate past governor of the state, Mr Peter Obi.

In a memo made available to Elombah.com, they detailed the sum, where and how they were saved and said that the state felt no impact of the funds.

The memo lamented that “the Governor of Anambra State, Chief Willie Obiano has disposed the dollars saved for Anambra State by his predecessor, Mr. Peter Obi”.


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