In reaction to several allegations and counter allegations going on within the party, a chieftain of the Labour Party, Faduri Oluwadare Joseph, on Friday warned that the party stands to sink beyond rescue over the current corruption allegations rocking the party.

Recall the LP’s National Treasurer, Oluchi Opara, accused the National Chairman, Julius Abure of corruption.

At a press conference on Monday, Opara demanded that Abure should account for the N3.5 billion raised from the sale of nomination forms and fundraising activities in the build-up to the 2023 general election.

Reacting, the party leadership on Wednesday slammed a six months suspension on Opara for shunning an invitation to a probe meeting and dragging the party’s name in the mud.

Also, Abure challenged the suspended National Treasurer of the party to provide evidence to back her N3.5 billion fraud allegation against him, and promised to file a defamation suit against her.

However, Joseph who is also a presidential aspirant of the LP in the 2023 general election and the National Leader of the Rescue Movement for New Nigeria, described the allegations of corruption as unfortunate, adding that allegations of misappropriation of the presidential campaign funds were not good for the party

This was contained in a statement released by the National Director, Media and Publicity of Rescue Movement for New Nigeria, Rev. Emmanuel Olorunmagba, to journalists in Kaduna State on Friday.

While stating that LP must be rescued from the mess, Joseph expressed concern that the party Nigerians were looking up to had been enmeshed in monumental corruption allegations to the chagrin of all.

The LP chieftain, however, warned that the corruption allegations against Abure must not be swept under the carpet, describing them as “shameful”.

The statement partly reads: “The Labour Party that Nigerians were looking out for to rescue the country is now languishing in monumental corruption allegations as well as financial misappropriation obvious in the record on the presidential campaign funds released by Peter Obi. Thus, the Labour Party now needs to be rescued

“The issue of repeated financial mismanagement, embezzlement, forgery, and other allegations of corruption allegedly against Labour Party National Chairman, Julius Abure, is so terrible and should not be swept under the carpet.

“However, that will be a discussion for another day. But I will call on the appropriate government authority to carry out a proper investigation into the monumental allegations and ensure justice is done.

“There are pertinent questions begging for answers such as how sensible is it that N744.5 million was claimed to have been spent for legal fees for the election petition tribunal when the amount said to have been spent on running the whole election is less than half of that?

“We are aware of some lawyers that offered services for the Labour Party pro bono, then how did what was spent on the presidential election petition amount to that?”