The Social Democratic Party (SDP) has suspended its Nationwide Chairman, Shehu Gabam, over allegations of economic misconduct and unauthorised dealing with of social gathering funds.
In a press release launched on Tuesday, June 19, the social gathering’s Nationwide Publicity Secretary, Araba Aiyenigba, accused Gabam of partaking in a number of questionable {financial} transactions with out the approval of the social gathering’s management.
In response to the assertion, “The suspended officers had been linked to a collection of unauthorised {financial} transactions, private enrichment schemes, and diversion of funds with out NWC approval.”
The social gathering additionally suspended its Nationwide Auditor, Nnadi Clarkson, and Nationwide Youth Chief, Chukwuma Uchechukwu, over their alleged roles within the {financial} irregularities.
Aiyenigba mentioned the social gathering was notably alarmed by Gabam’s resolution to submit a {financial} report back to the Unbiased Nationwide Electoral Fee (INEC) with out authorisation and to publish a abstract of the identical report within the media.
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“This motion reinforces our zero-tolerance stance on corruption,” he added.
To get to the foundation of the matter, the SDP mentioned it had arrange an interim panel to totally audit its {financial} information and suggest disciplinary or authorized actions based mostly on its findings.
The social gathering has appointed its Deputy Nationwide Chairman (North), Sadiq Abubakar, because the Appearing Nationwide Chairman whereas investigations proceed.
In response to the assertion, the sum of money allegedly mismanaged runs into a whole bunch of tens of millions of naira, together with revenues from the sale of nomination kinds and numerous donations collected throughout the 2023 normal elections.
The social gathering confirmed that INEC and different related authorities have been notified of the suspensions, which it mentioned take impact instantly.
