Former Anambra State Governor and 2023 presidential candidate Peter Obi is facing renewed political pressure after a Labour Party chieftain, Abayomi Arabambi, called on him to withdraw from the 2027 presidential race amid allegations of financial irregularities.
Arabambi made the remarks during an interview with Symfoni TV, where he claimed to possess documents containing evidence of alleged financial misconduct linked to Obi’s political activities. He said the documents would be made public through the television station for Nigerians to examine ahead of the next general election.
Also Read : Akpabio Warns of Rigging Allegations if Tinubu Wins 2027
According to Arabambi, the records should be subjected to public scrutiny, arguing that Obi should suspend any plans to contest the 2027 presidential election under any proposed political platform until the allegations have been fully addressed.
He further claimed to have petitioned the Economic and Financial Crimes Commission (EFCC), urging the anti-graft agency to investigate what he described as questionable campaign accounts allegedly associated with Obi.
Arabambi alleged that several bank accounts were opened with commercial banks without the knowledge or approval of some Labour Party officials. He claimed the party only became aware of the accounts after approval documents were reportedly requested for transactions involving them.
He also questioned the alleged involvement of individuals connected to the accounts, maintaining that key Labour Party officials, including National Chairman Julius Abure and the party’s national secretary, were unaware of the banking arrangements at the time they were established.
Speaking during the interview, Arabambi said he had obtained what he described as certified true copies of documents relating to the allegations.
I have more than 95% of corruption made by Peter Obi, and he must step aside from this presidential election because he only asked for 1%. What I’m going to show Nigerians via your television station will be so alarming. They are facts, they are CTCs. I am not a baby.
I have petitioned the EFCC because Obi will never escape; I petitioned the Economic and Financial Crimes Commission, and these are the four accounts that must be investigated.”
As of the time of filing this report, Peter Obi has not publicly responded to the allegations.
The EFCC has also not issued any statement confirming receipt of the petition or announcing the commencement of any investigation into the claims.
The allegations made by Arabambi remain unproven, and no court has found Peter Obi guilty of any wrongdoing.
