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Labour Party to account for campaign funds and audit proceeds – Obi

Peter Obi, the presidential candidate for the Labour Party in the 2023 general elections, has pledged that the party will provide a transparent report of the funds collected during the campaign period.

Speaking at a press conference on Thursday, February 15, following a fresh crisis that has rocked the party over sales of forms and other fundraising activities for the 2023 general elections in the country, Obi said he will ensure that the Labour Party hires a reputable audit firm to audit the finances of the party.

He also said that allegations and counter-allegations in the party must be thoroughly investigated and reconciled. Obi said; 

“I have told everybody that whatever we receive directly or indirectly will be accounted for transparently. For the party, I am a member of the party and they have chosen to say I am the leader.

“What we need to do in the party as I have discussed with the leadership is that we must now appoint a reputable audit firm to audit and be able to deal with the accounting of the party.

“When I am involved in anywhere money is, it must be transparently utilised. So there is the allegation and counter-allegation now that must be thoroughly investigated and verified. We will reconcile it and know exactly what we are doing.

“What we are doing here is accounting for the campaign. I am using the opportunity also to appeal to various support groups or individuals and parties that received some form of funding to support what we are doing which we are very grateful.”

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