Political Parties Have Refused To Submit Their Financial Statements Since 2016- INEC |PLUS POLITICS
Channel: Plus TV Africa
Date: 2022-05-17

Indications have emerged that the refusal of political parties to submit to the Independent National Electoral Commission their annual financial statement as required by the constitution and the Electoral Act has prevented the commission from monitoring their finances and publishing the same as mandated by the constitution. INEC confirms that it audited the accounts of the parties up to 2016 and it had gone far on their 2017 and 2018 accounts, whilst awaiting the remaining years. INEC Chairman, Prof Mahmood Yakubu, said at a meeting with chairmen of political parties in March 2021 that only one political party complied with the constitutional provision, warning that their refusal to comply was in contravention of the law. Section 86 of the Electoral Act mandates every political party to submit its detailed annual statement of account to the commission.
 Joining us to discuss this is Gbolahan Olojede, Economist, and Paul James, Programme Manager Of Elections, YIAGA Africa
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