{
  "id": 9802411,
  "title": "Otti: I know Obi left $155m in Anambra coffers",
  "url": "https://urgent.news/2026/09/25/otti-i-know-obi-left-155m-in-anambra-coffers",
  "topic": "world",
  "section": "World",
  "published": "2026-09-25T16:14:05.000Z",
  "source": {
    "name": "Daily Trust",
    "slug": "daily-trust",
    "url": "https://dailytrust.com/otti-i-know-obi-left-155m-in-anambra-coffers/"
  },
  "original_language": "en",
  "account": "Former Anambra State Governor, Peter Obi, left behind a substantial amount of $155 million during his tenure, according to Alex Otti, a former CEO of Fidelity Bank. Otti made this claim in a 2020 interview, stating that Obi initially intended to keep the funds in naira, but they were later converted to dollars due to concerns over the naira's depreciation. Otti emphasized that the statement was a factual account of what transpired, six years prior. In contrast, Obi denies any allegations of leaving Anambra with a debt of $123 million, insisting he handed over over $150 million, which continued to earn around $10 million annually. He further clarified that the funds he left behind could have been used to settle any outstanding liabilities while preserving the capital. Obi also denied borrowing or issuing bonds during his eight-year governorship and claimed that his administration left no outstanding salaries, gratuities, or unpaid obligations to contractors or suppliers. Regarding foreign debt, Obi stated that Anambra's debt stood at about $18 million when he took office, which increased to approximately $30 million by the time he left office in March 2014. He attributed the state's foreign debt to concessionary facilities obtained by the Federal Government and subsequently lent to states for specific development projects.",
  "summary": "Governor Alex Otti of Abia State says former Anambra State Governor, Peter Obi, left $155 million behind while leaving office. Otti said this during an interview with ARISE Television. Daily Trust reports that Obi and the Anambra State government have been locked in war of words over the records of the Nigeria Democratic Congress (NDC) […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}