Her first widely publicized controversy happened in May 2019 after she allegedly claimed ownership of a luxury Lagos mansion on social media.
It was later discovered that the property reportedly belonged to Onye Eze, a businessman based in China, leading to her arrest and heavy backlash online.
Years later, on March 30, 2023, she was again taken into custody by operatives of the Force Criminal Investigation Department (FCID) over allegations linked to cyberbullying, defamation, and other related offences.
Now, in another development dated May 15, 2026, reports claim that the Economic and Financial Crimes Commission (EFCC) arrested and arraigned her before Justice D.I. Dipeolu at the Federal High Court in Ikoyi, Lagos, over an alleged ₦36 million fraud case.
check 90% of Iyabo Ojo’s supporters they are literally sad housewives, bitter single mothers, frustrated young ladies hiding behind feminism, or people battling PTSD from their parents divorce.!😔😂
@gtbank I sent 200,000 from my account to palmpay account I was debited for it and the palmpay account didn't get credited, I reached our to palmpay and was told the money was never sent. Please help me check what went wrong and rectify.
@palmpay_ng hello, please a transaction of 200,000 was made this morning from GTB to my palmpay account but I wasn't credited
Palmpay account is 8169556385
Name Olanipekun Bolanle
Dear Twitter Users I’m asking for 0.36 seconds of your time today to help RETWEET my painting 😊❤️
Tinubu is a CIA Veekee James Adeboye Kizz Daniel Ayobo Bam Bam Bam
Savannah Bank is trending because APC influencers are accusing Peter Obi of lying about ‘building’ banks 1984.
According to them, he graduated in 1984 but claims to have built a bank that was established in 1989.
These claims are extremely false.
In the podcast on Monday, PO said he built two Savannah banks as an undergraduate during his UNN days. Contrary to what is trending.
The Savannah bank wasn’t established in 1989. It had existed long since, 1960 but as Bank of America NT&SA.
Following the indigenization decree of 1975, the Bank of America relinquished its majority holding, and the Nigerian government controlled 51.34% shareholding.
Indigenization simply meant, putting the natives in charge of businesses. Or.. for long.. “The new legislation was planned to give Nigerians more access to surplus income of businesses, shift foreign investment to highly technical areas and promote indigenous businesses.”
So..
The bank was then renamed ‘Savannah Bank of Nigeria Plc’ in 1979, Savannah International 1989, it was later privatized in 1992 through the Nigeria Stock Exchange.
Now how Peter built it?
Apparently, while he was in UNN pursing a degree in Philosophy and dealing his trade, he became acquainted with the Manager of the Bank, who was doing a part time program in the school.
Who, told him they needed two properties to extend their branches in Ubolafo, Nsukka Anambra. So, he (PO) built the properties, leased it to the bank for five years.
He built it with ₦18,000 and leased it at ₦7,000 per year. Made ₦ 35,000 from each building. And that’s how he got into real estate.
Although, in the podcast he didn’t explain. He gave the impression that he built the bank from scratch. Hence, the misunderstanding.
Savannah bank was shutdown on 15th February 2001.
According to then CBN Governor, Joseph Oladele Sanusi, the bank did not have enough assets to meet liabilities and did not comply with CBN obligations.
As at then they had 140 branches across the country.
In 2009 6th of February a Court of Appeal sitting in Abuja ordered the re-opening of Savannah Bank, and ordered the CBN and NDIC to pay ₦100 million to the bank as damages.
In 2010 it was reported that the bank is trying to raise ₦100bn for a restart.
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@gtbank Hello,
I made a transaction on the 2nd of this month of #90,000 which is yet to be reversed. Another payment of #900k was made into my account yesterday which I am yet to receive. I am so dissatisfied with this and I want my money in my account ASAP.
@PeterObi@gtbank that you are having network issues is not enough reason to be extorting money from people. Seems your staffs are using that network problems to be stolen people's money.
Shot down the bank if you can't solve your network problems.
Please kindly revise my money
BREAKINGBADGOVT: The Attorney General of Lagos has obtained a RIDICULOUS court order from Justice Ogundare of Lagos State High Court, Igbosere, asking Nigerian protesters in Lagos to be restricted to 3 locations and for protests to commence at 8 am and close 6PM daily for the next seven days.
Let's remind @officialABAT that no court can order Nigerians to seek their LIBERTY. Let the actions commence everywhere on August 1st 2024. #DaysOfRage #RevolutionNow
@MaineDirectCare please I applied for Certificate of Good Standing in over 1 month and nothing has been done concerning this.
I am so displeased with this.