As 2027 election nears, Premium Times calls for scrutiny of Fidelity Bank-Obi transaction links under ISA 2025
Premium Times analysis urges transparent examination of any potential links between Fidelity Bank transactions and Peter Obi's 2027 presidential campaign financing as Nigeria's election approaches, citing risks to investor confidence and electoral integrity under the Investments and Securities Act 2025 and Electoral Act 2026.
The piece notes ISA 2025 prohibits insider dealing with penalties of ≥₦10 million or four times profits gained (whichever higher) plus ≥5 years imprisonment. It highlights Dr Nneka Onyeali-Ikpe's role as Fidelity Bank CEO since 2021 (Banker of Year 2022, Best Banking CEO 2023) and Peter Obi's trajectory from Anambra governor to LP 2023 presidential candidate to current NDC figure expected to contest 2027. No allegations of wrongdoing exist against either party.
The analysis warns that undisclosed political financing via financial institutions could undermine bank governance and distort electoral competition. It calls on SEC, NGX Regulation, CBN, INEC, and law enforcement (NFIU, EFCC, ICPC, Police) to scrutinize records where warranted—not to presume guilt but to protect investor confidence and preserve system integrity through equal accountability regardless of position.