How N671m APC funds were moved into private accounts

It is now clear why more members of the National Executive Council of the ruling All Progressives Congress (APC) backed out of the tenure elongation gambit championed by the party leadership.

It followed the unearthing of the party’s financial records indicating a breach of all known rules and personalization of party funds in “the most opaque manner.”

A top leader of the party allegedly authorized the disbursement of party funds into personal account of another senior member of the NEC.

It was discovered that savings of over N1b handed over in 2014 by the interim executive headed by Chief Bisi Akande was “hastily decimated without care for transparency.”

The Nation, April 8, 2018

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