Labour Party Factional Chairman Accused of N3.5bn fraud


The National Treasurer of Labour Party, Oluchi Opara, has imputed financial impropriety bordering on N3.5bn to the factional National Chairman of the party, Julius Abure.

The latter, Opara alleged on Monday at a press conference in Abuja converted the said sum, proceeds from sales of forms and other fundraising activities for the 2023 general elections in the country to personal use.

She also accused Abure of being drunk with power.

Speaking, “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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