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Labour Party Suspends Chairman Over N34m Theft

The Labour Party in Osun State has suspended its Chairman, Prince Bello Adebayo over alleged embezzlement of thirty-four million naira (N34m) meant for party agents during the 2023 general election.

Hammed Sheriff, Chairman of Ward 12 Osogbo local government accused Adebayo of anti-party activities and absenteeism from ward meetings without cogent reasons.

The Chairmen of the party across all local government areas passed a vote of confidence in the Acting State Chairman, Chief Sussan Ojo, and dissociated themselves from the “illegal suspension” of the party’s National Legal Adviser, Akingbade Oyelekan and Sussan Ojo, by Adebayo.

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In addition, the Acting State Chairman, Chief Sussan Ojo, alleged that the four million naira for publicity, released by the party’s presidential candidate, Peter Obi, to Adebayo, was not paid to the Labour Party Presidential Campaign Council.

Furthermore, the thirty million naira meant for polling agents given to Adebayo was allegedly embezzled after the election.

Adebayo however debunked the allegations, saying he only received three hundred thousand naira (N300,000).

He said:
The only money sent to us then was N300,000 by Chief Akinosun Tokun, so the evidence is there and they can contact him. Aside that, I don’t know what transpired during the January presidential campaign. They have no locus standing to suspend any elected officers in Osun.”

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