The Independent National Electoral Commission (INEC) says it will
probe the TraderMoni micro-credit scheme of the Federal Government.
INEC Chairman, Professor Mahmood Yakubu, disclosed this to reporters
on Thursday in Abuja, the nation’s capital over several concerns about
vote buying by some politicians.
He said the electoral body was aware of the controversy trailing the
TraderMoni, stressing that they would investigate the scheme for
possible violation of campaign finance laws.
Professor Yakubu explained that the commission
would study public comments on the scheme and assess whether or not the
government violated the campaign finance laws.
According to him, INEC has a mechanism for tracking campaign finance
violations by the candidates and various political parties in the
country.
This comes amid accusations by individuals and groups, including
civil society organisations who described the scheme as a form of
vote-buying.
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