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Peter Obi’s Labour Party Faces New Internal Crisis Over Alleged Financial Mismanagement

by Vicky Oselumese
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Labour Party Faces New Internal Crisis Over Alleged Financial Mismanagement

The Labour Party is currently grappling with a new crisis as its National Treasurer, Oluchi Oparah, has called on the party’s National Chairman, Julius Abure, to provide a detailed account of the party’s funds, which amount to over N3.5 billion. These funds were generated through the sale of forms and various fundraisers for the upcoming 2023 general elections.

Oparah expressed her frustration during a press conference held in Abuja, where she revealed that she has been prevented by the National Chairman from fulfilling her constitutionally assigned role of managing the party’s accounts.

She further alleged that the chairman has refused to allow any form of scrutiny into the party’s financial records since the closure of the sale of expression of interest and nomination forms for the 2023 general elections.

This lack of transparency has raised concerns and intensified the crisis within the Labour Party.

Oparah stated, “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 the National Treasurer, Oparah emphasized that she has been constrained to come forward because the internal mechanisms of the party have failed to hold Abure accountable for his alleged abuse of office and misappropriation of party funds. She accused the National Chairman of undermining her duties and authority as stipulated in the party’s constitution.

The allegations made by Oparah have further deepened the crisis within the Labour Party, as members and the public demand transparency and accountability from their leaders.

This article was updated 3 weeks ago

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