WATCH THE VIDEO HERE Naijaonpoint reported that Fidelity Bank, in a statement, dismissed reports that it would be sliding into bankruptcy following a Supreme Court ruling against it. In the statement, the bank said its legal team has been studing the ruling. It, however, urged its customers and investors to disregard the reports on its financial standing. However, a report from Sahara Reporters on Tuesday claimed that the Vatican’s journey of Labour Party’s former presidential candidate, Obi, on Sunday, was not to participate in Pope Leo XIV‘s inaugural mass but to meet with President Tinubu to allegedly seek a soft landing for the bank. The report further alleged that Obi owns substantial shares in the bank. It further claimed that Obi was led to the Vatican to meet Tinubu by former Ekiti State Governor, Kayode Fayemi, having failed to get other top leaders of the South West to assist him in reaching the President. Recall that the former Governor of Anambra State had warned against politicizing his visit to Rome and his exchange of pleasantries with President Tinubu. Reacting to Sahara Reporters’ report on his 𝕏 handle, Bwala said if Obi cannot manage Fidelity Bank, he cannot manage Nigeria if he becomes president. “Wow wow. So if he cannot manage Fidelity Bank, how can he manage Nigeria,” he wrote.
Special Adviser to President Bola Tinubu on Policy Communication, Daniel Bwala, has slammed Peter Obi on Fidelity Bank’s rumoured bankruptcy.