Former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu has resigned from the African Democratic Congress.
He left the party after losing the party’s presidential ticket to the founder of Roots Television, Mr. Dumebi Kachikwu.
In a letter dated June 13 and addressed to ADC’s National Chairman, Chief Okey Ralphs Nwosu, Moghalu said the presidential primary had been wrought with inconsistencies.
According to Mr Moughalu, he resigned because the process and conduct of the party’s presidential primary on June 8, 2022 at Abeokuta revealed a fundamental clash of values between him and party leadership.
Mr. Moughalu equally noted that despite the circular the national Chairman of the party issued a few days to the primary committing the party to providing transportation and accommodation for delegates to and in Abeokuta, and which as they agreed would provide a level playing for all the presidential aspirants, the party under his leadership failed to do so. He added that some aspirants, including himself , made donations to the ADC party account as requested by the party for this purpose. This failure, which appeared intentional, created room for massive abuses of the electoral process including delegate capture and financial inducement of delegates.
This is only one of numerous inconsistencies and the absence of transparency and predictability in the management of the party that Mr. Moughalu had progressively complained about.
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