BREAKING: Fresh Crisis Hits Labour Party As Treasurer Asks Chairman, Abure To Account For N3.5 Billion

BREAKING: Fresh Crisis Hits Labour Party As Treasurer Asks Chairman, Abure To Account For N3.5 Billion

BREAKING: Fresh Crisis Hits Labour Party As Treasurer Asks Chairman, Abure To Account For N3.5 Billion

Labour Party National Chairman, Julius Abure, has been accused of misappropriating the party’s funds to the tune of over N3.5 billion.

These funds, according to the Labour Party National Treasurer, Mrs Oluchi Oparah, were generated from the sale of forms and various fundraisers during the 2023 general elections.

Oparah made this allegation during a press conference held in Abuja on Monday.

She alleged that Abure has been preventing her from fulfilling her constitutionally assigned role of managing the party’s accounts.

Furthermore, she claimed that despite numerous requests, the chairman has refused to open the party’s financial records for scrutiny, particularly regarding the sale of expression of interest and nomination forms for the 2023 general elections.

Oparah said: “Good morning, ladies and gentlemen of the press. I stand before you today with a heavy heart and a sense of duty to the principles of transparency, accountability, and justice. With great reluctance and deep concern, I am compelled to publicly address the media regarding the egregious financial mismanagement and corruption that have plagued our beloved party under the leadership of Mr Julius Abure, the current National Chairman.

“As National Treasurer, I am constrained to come before you and the public today because the internal mechanisms of our party have failed woefully to bring Mr. Abure to account for his brazen abuse of office and misappropriation of party funds.

“ His appetite for power has grown unchecked, and he has deliberately undermined my duties and authority as stipulated in the party’s constitution.”

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