Alleged diversion of 671m party funds: APC keeps mum

Few days after it became public attention that a sum of amount of money to the tune of N671,640,000 million was moved from the official account of the ruling All Progressives Congress (APC) to an undisclosed personal account, the leadership of the party is yet to make any official statement for clarifications.

One of the national dailies had earlier reported how some top officials of the party were carrying out ‘illegal’ financial transaction using party’s fund, which was believed to have aided insistence of some party officials on tenure elongation.

According to the news report, “two ‘suspicious’ transactions on a single day resulted in the transfer of N143.8m via two letters addressed to the manager of the Maitama, Abuja branch of a leading new generation bank.

“The cash moved in two instalments of N100 million and N43,880,000 ended up in the account of another member of the party’s executive committee who hails from the Southeast.

“In another transaction, a letter entitled “Authority to Transfer the Sum of N50,000,000 from our account number (figure withheld)” was issued with the instruction to transfer the said amount to the same official.

“On yet another day, another transfer of N48,470,000 from the party’s account with the Area 3, Abuja branch of a First Generation bank was carried out involving the two top executives of the party.

“In total, the report indicated that “a whopping N671,640,000 was transferred to the personal account of the party executive alone under such suspicious circumstances”.

But when the National Auditor of the party, Chief George Moghalu was contacted on telephone, he directed our correspondent to the National Publicity Secretary of the Party, saying, “he was not authorised to give any information as regards the issue.

The APC’s spokesman, Mallam Bolaji Abdullahi, who later spoke to our correspondent on telephone described the report as “campaign of calumny” by some people ahead of last NEC meeting that held on Monday April 9, adding that whoever has a case about finances of the party can petition the EFCC directly.

He said, “On the issue, we understand that they have right to petition the EFCC. We are the only party that has an audited account up to 2017, that has been verified by INEC.

“So, if anybody has any evidence or suspect any foul-play, they should petition EFCC directly and let the EFCC investigate but we are certain that there is no such thing. It is part of campaign of calumny that happened ahead of NEC. There is no such thing.”


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