$150m Diaspora Funding: INEC Asked To Disqualify Obi
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The Independent National Electoral Commission (INEC) has been urged to disqualify Labour Party presidential candidate Peter Obi and his running mate Ahmed Baba Datti from the 2023 presidential race due to violations of the Electoral Act regarding campaign funding, according to a group operating under the banner of Tinubu-Shettima Connect.
In addition, the organization has promised to file a lawsuit to stop the Labour Party from running in the 2023 presidential election due to its involvement in acts that are illegal under the Electoral Act.
In a statement released yesterday and signed by its convener, Adebanjo Moyosore, the group said that it was not only unlawful to gather campaign donations from outside the country through unnamed individuals or organizations, but that doing so would also have negative effects.
“Section 85 of the Electoral Act has clearly explained this; Section 85 (a) (b) provides that any political party that: (a) holds or possesses any fund outside Nigeria in contravention of section 225 (3) (a) of the constitution, commits an offense and shall, on conviction, forfeit the funds or assets purchased with such funds to the commission, and in addition, may be liable to a fine of at least N5million, or (b) retain any fund or other asset remitted to it from outside Nigeria in contravention of section 225,” part of the statement reads.
The party’s diaspora followers made a vow to raise $150 million for Obi the day before his inauguration, and another N100 billion is expected to come from supporters in Nigeria.
Adebanjo referred to the Labour Party’s creation of a diaspora committee to collect money from Nigerians living abroad for Obi’s presidential campaign as “not only illegal but also criminal.”
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