Peter Obi queries the timing of EFCC's decision to suspend Osun's bank account

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The presidential candidate of the Nigeria Democratic Congress, Peter Obi, has expressed concern over the reported freezing of Osun State Government bank accounts by the Economic and Financial Crimes Commission, questioning the timing of the action ahead of the state’s governorship election.

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Obi, in a statement on his X handle on Thursday, said he supports the fight against corruption but warned that anti-corruption efforts must not be used as a tool for political intimidation or interference in democratic processes.

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“I have always supported a relentless fight against corruption. However, that fight must never become a tool for political intimidation or the suppression of democracy,” Obi said.

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He argued that government institutions must remain independent and avoid actions that could create doubts about their neutrality, particularly during election periods.

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“The timing of this action raises legitimate questions. If investigations had been ongoing for months, why take such a drastic step on the eve of an election?” he asked.

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Obi said public institutions must not only be impartial but must also be seen as impartial to maintain public confidence in the democratic process.

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The former Anambra State governor warned against the growing perception that state institutions are being used for political purposes, describing such developments as a threat to Nigeria’s democracy.

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“Governments come and go, but once institutions lose their independence and credibility, the nation suffers,” he said.

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Obi acknowledged that allegations of wrongdoing should be investigated but insisted that due process and constitutional procedures must be followed.

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“If there is evidence of wrongdoing, the Constitution provides a clear path: seek the appropriate orders from a competent court. Due process is the foundation of justice,” he stated.

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He called on relevant authorities to operate within the limits of the law and ensure that nothing affects the credibility of the Osun governorship election.

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Obi urged that voters in Osun State should be allowed to freely choose their leaders without intimidation or interference.

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“Nigeria’s democracy was built on sacrifice. We must not allow it to be weakened by the misuse of institutions or the pursuit of political advantage,” he added.

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