The Economic and Financial Crimes Commission (EFCC) has revealed that it is working with the Independent National Electoral Commission (INEC) to monitor the source of the funds used in purchasing political party forms.
EFCC Monitoring Election Funds
Chairman of the commission, Abdulrasheed Bawa spoke on Channels Television’s Politics Today programme on Friday, while reacting to the outrage trailing the price of the presidential nomination forms for the two main political parties in the country.
The ruling All Progressives Congress (APC) had pegged its presidential forms at N100m while the main opposition Peoples Democratic Party (PDP) sold its form for N41m.
Speaking during the TV programme, Bawa said the prices of the presidential forms were quite a lot of money as most people would not see them in their lifetime.
Noting that it’s the work of the INEC to monitor election funds, Bawa said the EFCC was working with the electoral commission to establish the source of these funds.
He said, “Well, of course, it is quite some money. It could take a lifetime for you to save N40m or N100m but as you know, when it comes to the issue of monitoring of election funds and candidates’ funds, it is mainly the work of INEC but we are working hand-in-hand with INEC and other related agencies to ensure that we follow the money and know the source, whether it is legitimate or illegitimate. That is our concern.”
The EFCC boss also said the commission was working to ensure that corrupt persons do not attain positions of leadership in the country.
Bawa said the anti-graft agency was already working behind the scenes to expose these unscrupulous elements.
“Above all, we are concerned about good governance, transparency and accountability. We are also concerned about ensuring that corrupt elements are not given leadership positions in this country and that is why we are working behind the scenes to ensure that at least we make our position known on certain actors within the political space in this country,” he added.
KanyiDaily recalls that the APC had reacted to the outrage, saying anyone who does not have the “sufficient base” to raise N100 million has no business contesting for the presidency.