Shehu Gabam, the National Chairman of the Social Democratic Party, has been suspended due to allegations of financial impropriety and party fund embezzlement.
Chukwuma Uchechukwu, the party’s national youth leader, and Nnadi Clarkson, its national auditor, were also suspended.
National Publicity Secretary Araba Aiyenigba made the announcement in a statement on Tuesday.
According to the statement, “the suspended officials were connected to a number of unapproved financial transactions, personal enrichment schemes, and fund diversion without NWC approval.”
According to Aiyenigba, Gabam had submitted an unauthorised financial statement to INEC and published a summary in newspapers, prompting the party to alert law enforcement agencies.
“This action reinforces our zero-tolerance stance on corruption,” he added.
For a thorough investigation, an interim panel has been set up to audit all financial records and recommend appropriate disciplinary or legal steps.
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The Deputy National Chairman (North), Sadiq Abubakar, has been appointed Acting National Chairman in line with the party’s constitution.
The party claims the mismanaged funds run into hundreds of millions of naira, including proceeds from 2023 nomination form sales and donations.
INEC and relevant agencies have been officially notified of the suspension, which takes immediate effect, according to the statement.
