N10 Billion Fraud: PDP governors ask EFCC to investigate APC’s finances too - The Naija Weekly

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Saturday, May 22, 2021

N10 Billion Fraud: PDP governors ask EFCC to investigate APC’s finances too


National Chairman of the People’s democratic Party (PDP), Uche Secondus [Photo credit: The Sun Nigeria]

The PDP has raised objections to the probe of its finances by the Economic and Financial Crimes Commission (EFCC), arguing that should the anti-graft agency insist on towing that path, then it should also check the books of other political parties including the ruling APC.

The party’s governors’ forum (PDP-GF) on Saturday expressed concern over the move via a statement by its Director-General, CID Maduabum, in Abuja.

Mr Maduabum claimed that the PDP was up to date in submission of its yearly financial account to the Independent National Electoral Commission (INEC) as required by the Constitution.

The PDP governors said they were not aware that INEC made any complaints to EFCC on PDP’s returns.

He said the recent invitation of PDP officials by the EFCC raised some concerns on the impartiality of the anti-graft agency.

Mr Maduabum said PDP as a political party was accountable to its members and the general public for its actions.

”The PDP governors were concerned that it was a misplaced priority and a move to silence political opposition,” the DG said.

He advised the EFCC’s new leadership to learn from the mistakes of its predecessors.

“Even the petition in question did not make a single allegation of misuse of government funds, nor cheating of any individual or public authority by the PDP.

“It is, therefore, surprising that EFCC should use its scarce human and other resources to begin an investigation into PDP finances.

“If EFCC is even-handed and non-partisan, it should also conduct an investigation into other political parties including the ruling party,” Mr Maduabum said.

A member of PDP, Kazeem Afegbua, had petitioned the EFCC and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) for a probe of the party’s accounts.

Mr Afegbua in the petition submitted to the EFCC and ICPC in April, asked that the PDP leadership account for the sum of N10 billion allegedly released from the sale of forms in 2019 general elections.

This made the anti-graft agency to invite PDP officials for investigation.

The PDP, however, denied the allegation that it generated the sum of N10 billion from sale of nomination and expression of interest forms in 2019.

The party’s National Publicity Secretary, Kola Ologbondiyan, at a news conference  in Abuja, said that the PDP generated N4.6 billion, and raised a budget for its expenditure, in line with all known financial regulations.


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