PDP has less than N2m in its account - Makarfi

The Peoples Democratic Party (PDP),
has been living from hand to mouth,
Ahmed Makarfi, chairman of the
caretaker committee says
He said the party had access to a
bank account with less than N2m
Makarfi blamed debts and litigation
facing the party for the development
Ahmed Makarfi, chairman of the
caretaker committee of the Peoples
Democratic Party (PDP), has revealed
that the party has been living from hand
to mouth as a result of financial
constraints on the party.
Makarfi said this on Saturday, December
9, while giving his opening remarks at
the elective convention of the PDP.
He said that in the past 18 months, his
committee has only had access to one
bank account which has less than N2
million and payments of staff salaries,
office needs, maintenance and
operational expenses have been from
party leaders and personal sacrifices.
“In addition to that, the acute financial
position of the party did not help matters,
as all but one of the bank accounts we
inherited had been garnished by various
court judgements on account of debts. The
only bank account we have had access to
these past 18 months is one that had less
than two million naira,” Makarfi said.
“We virtually lived from hand to mouth.
All that we have succeeded in doing,
including the payments of staff salaries,
office needs, maintenance and operational
expenses have been from party leaders
and our personal sacrifices.”
He, however, said that since the supreme
court judgement which recognised the
caretaker committee as valid, “things
have been calmer, even though there are
still some outstanding legal issues
involving Ogun state as well as the south-
west zonal leadership”.