Be Ready To Declare Bank Asset, INEC Tells Candidates Ahead 2023 Election - The Source

ADVERTISEMENT
  • Landing Page
  • Shop
  • Contact
  • Buy JNews
  • Login
The Source
  • Home
  • News
  • Politics
  • Education
  • Entertainment
  • Opinions
  • Business
  • Sports
  • Crime
  • World News
  • Parliament
No Result
View All Result
  • Home
  • News
  • Politics
  • Education
  • Entertainment
  • Opinions
  • Business
  • Sports
  • Crime
  • World News
  • Parliament
No Result
View All Result
The Source
No Result
View All Result
Home News

Be Ready To Declare Bank Asset, INEC Tells Candidates Ahead 2023 Election

Alamu Adebayo by Alamu Adebayo
January 22, 2022
in News
0
Be Ready To Declare Bank Asset, INEC Tells Candidates Ahead 2023 Election
0
SHARES
10
VIEWS
Share on Facebookshare on whatsappShare on Twitter

The Independent National Electoral Commission on Friday said it would beam its searchlight on politicians and political parties to track the sources of funds for their campaigns in the 2023 general election, a report by PUNCH said.

The commission, therefore, promised to establish a committee to monitor election expenditure ahead of the exercise.

INEC Chairman Mahmood Yakubu
Chairman of INEC, Mahmood Yakubu, represented by a National Commissioner, Kunle Ajayi, stated this in Abuja during a policy roundtable conference on political campaign finance organised by The Electoral Forum, an organ of the Initiative for Research, Innovation and Advocacy in Development with support from MacArthur Foundation.

He said, “As long as we have not notified anybody that the race to the 2023 general election has started, we are not unaware of what anybody is doing. We follow the law strictly.

“We have not officially declared notice for the 2023 general election, but when we so declare, we will put our monitoring committees to motion like the Central Bank of Nigeria, DSS, EFCC, the ICPC, (commercial) banks and other law enforcement agencies. We have that plan already.

“Every candidate must be made to declare his bank asset. That is where they draw out their money, so we will make them present their statement of account right from the onset.

“We will make it mandatory for them to turn in their bank statement so that if they say they are doing billboard and the account remains the same, then there is a problem.”

The INEC chairman also said that the agency would also monitor the movement of money on election days to help tackle vote-buying at polling units.

Mahmood said that through the Economic and Financial Crimes Commission, commercial banks would be mandated to report all suspicious transactions ahead of the election.

The INEC chairman also threatened to prosecute any bank that failed to cooperate.

Speaking on the issue of vote-buying, Mahmood said, “We are going to establish finance monitoring teams he they will be among the electorate but they (politicians and political parties) won’t know.

“We are going to do it in a way that the influence of money will be reduced because we want to make the electoral field a level playing ground for both rich and poor candidates and electorates. Everybody will go on an equal economic level so that you won’t influence the voting pattern.”

Be the first to read it our next BREAKING NEWS, POLITICS, METRO. Click here to join our WhatsApp group

Previous Post

PDP Governors, Ayu, Saraki, Mimiko, Obi, Others Storm Lagos, Receive Defected APC Group

Next Post

Terrorists Will Be Crushed, Buhari Reassures

Alamu Adebayo

Alamu Adebayo

Related Posts

Aregbesola’s Legacy In Osun Can Never Be Rubbished – Ooni
News

Osun 2026: APC Aspirants SRJ, Oyebamiji Woo Aregbesola Amidst Tinubu Row

by The Source
June 8, 2025
Agboluaje Kajola Foundation Empowers Ondo Communities with N43 million Grants, Solar Lights
News

Agboluaje Kajola Foundation Empowers Ondo Communities with N43 million Grants, Solar Lights

by The Source
June 8, 2025
National Prayers Cancelled In Kano Over Security Concerns
News

EAPEAN Felicitates with Nigerians on Eid al-Adha

by The Source
June 7, 2025
Tinubu advocates collaboration to ease global Challenges
News

Osun Leaders of Thought Vow to Resist Any Attempt to Sabotage Tinubu’s Administration

by The Source
June 7, 2025
OSUN: Encomium as President Tinubu’s SSA Protocol, Issah Niniola Empowers Widows, Grades Roads, Doles Out Cash, Rams To Residents
News

OSUN: Encomium as President Tinubu’s SSA Protocol, Issah Niniola Empowers Widows, Grades Roads, Doles Out Cash, Rams To Residents

by The Source
June 7, 2025
Next Post
Buhari Asks National Assembly To Approve Another  N4.6 Trillion Loan

Terrorists Will Be Crushed, Buhari Reassures

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Africa News
  • Business
  • Celebrities
  • Crime
  • Economics
  • Education
  • Entertainment
  • Health
  • HumanAngle
  • News
  • Opinions
  • Parliament
  • Politics
  • Religion
  • Sports
  • Uncategorized
  • World
  • World News

Browse by Tags

Abuja Adeleke APC Aregbesola Atiku Bandits Buhari CBN Chelsea Court Davido EFCC EndSARS FG FIRS Governor Governor Adeleke IGP INEC Kaduna Lagos Muslims Naira Nigeria Nigerian Nigerians NUJ Ondo Ooni Osinbajo Osogbo Osun Osun 2022 Osun govt Osun Poly Osun State Oyetola PDP Police SDP Senate Students Tinubu Tunde Odesola US

Categories

  • Africa News
  • Business
  • Celebrities
  • Crime
  • Economics
  • Education
  • Entertainment
  • Health
  • HumanAngle
  • News
  • Opinions
  • Parliament
  • Politics
  • Religion
  • Sports
  • Uncategorized
  • World
  • World News

Browse by Tag

Abuja Adeleke APC Aregbesola Atiku Bandits Buhari CBN Chelsea Court Davido EFCC EndSARS FG FIRS Governor Governor Adeleke IGP INEC Kaduna Lagos Muslims Naira Nigeria Nigerian Nigerians NUJ Ondo Ooni Osinbajo Osogbo Osun Osun 2022 Osun govt Osun Poly Osun State Oyetola PDP Police SDP Senate Students Tinubu Tunde Odesola US

Recent Posts

  • Osun 2026: APC Aspirants SRJ, Oyebamiji Woo Aregbesola Amidst Tinubu Row
  • Agboluaje Kajola Foundation Empowers Ondo Communities with N43 million Grants, Solar Lights
  • EAPEAN Felicitates with Nigerians on Eid al-Adha

© 2022 The Source Nigeria.

No Result
View All Result
  • Home
  • News
  • Politics
  • Education
  • Entertainment
  • Opinions
  • Business
  • Sports
  • Crime
  • World News
  • Parliament

© 2022 The Source Nigeria.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In