By Mo Isa
The leadership of Labour Party, LP under Acting National Chairman, Prof. Ifagbemi Awamaridi, has set up a Special Investigations Panel (SIP) to investigate financial fraud within the party.
In a press release signed by Awamaridi and Comrade Tasir Abass Bayis, Acting National Secretary, on Friday, the party said the investigation is in relation to the party finances before, during and after the 2023 elections.
“Recently, there have been various confessions to financial fraud relating to the fraudulent way the previous Executives of Labour Party mis-administered and dis-administered the finances of the Labour Party.
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“The Labour Party Political Party (Operating with and under 2014 Constitution) is a “Constitutionally Registered” organisation. This makes it clearly responsible to the Nigerian People. Therefore, we the current Executives of the Party will not look on in “actionable negligence” while the Name of the Party is being “black-washed” due to Corruption, avarice, carelessness and recklessness of the past Executives.
“Consequentially, we have set up a Labour Party Special Investigations Panel (LP-SIP) to investigate the position of, actions related to, and recommendations relating to the finances of the Party, before, during and after the 2023 Elections,” the press release stated.