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HomeNewsAccount for funds from US, suspended treasurer tells Abure

Account for funds from US, suspended treasurer tells Abure

The Labour Party’s suspended National Treasurer, Ms. Oluchi Oparah, has asked Julius Abure, the National Chairman of the party, to provide an accounting of the money that Nigerians living abroad gave to LP presidential candidate Peter Obi during his campaign tour.

It was revealed that Opara was placed on a six-month suspension by the Labour Party’s national leadership last week due to her allegations that Abure had embezzled N3.5 billion from the proceeds of fundraising events and the sale of nomination forms in the run-up to the general election of 2023.

But Abure maintained that there was no N3.5bn raised, saying: “Total summary of the money that entered into the party was N1.3bn. We also got N800m for the campaign. I want to challenge her to make the records available where she got the sum of N3.5bn.”

But not backing down on her allegations, Opara, in a telephone interview with our correspondent on Sunday, asked Abure to give an account of the funds raised during the LP presidential campaign tour in the US.

Opara said, “Abure used the name of the party to raise funds during the United States campaign tour. They reflected in all the documents and tickets I printed out. We have the tickets for $500 and $100 in the name of the party. But Abure returned and didn’t drop a dime. We are talking about a man who uses proxy accounts to withdraw money from the party.

“Again, for 10 to 11 months, Abure has been the only one withdrawing the money. I don’t know how he does it, whether by forgery or other means. We are three signatories to the accounts but the third person, a former chairman, is dead now.”


When contacted, Abure denied any wrongdoing, saying Opara was merely out to tarnish his image.

He said, “We made changes to the account. That was how we were able to run the party from January 2021 to March 2021 when we had the NEC meeting in Benin, where I emerged as the national chairman of the party. All the money withdrawn between January and March 2021 was co-signed with the acting national chairman, Maria Lebeke.

I was the national secretary at the time and there was no way I could have withdrawn from the account or any person could have withdrawn money without the co-signatory. We brought in the new acting chairman who co-signed all the cheques, Opara equally co-signed the cheques. So, changes of signatories were made and we needed to run the party, and a lot of activities of the party at that time were co-signed by Maria Lebeke, and it is obvious.”




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