Paragraph 1: Introduction and Background of the Allegations
Paul Chukwuma, a prominent gubernatorial aspirant for the All Progressives Congress (APC) in the upcoming 2025 Anambra State elections, has vehemently denied allegations of money laundering involving $378,000. The accusations, which surfaced in an online report, claim that a Federal High Court in Abuja ordered the forfeiture of the said amount and a Mercedes Benz Maybach owned by Chukwuma, citing his alleged involvement in illicit financial activities. The report linked these assets, purportedly proceeds of unlawful dealings, to Chukwuma’s role as Managing Director and Chief Executive Officer of Fides Et Ratio Academy Limited. The court’s decision, according to the report, was based on an ex-parte motion presented by the counsel for the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Osuobeni Akponimisingha.
Paragraph 2: Chukwuma’s Rebuttal and Explanation of the Funds
Chukwuma, in a direct response to the online publication, categorically dismissed the money laundering allegations as baseless and malicious during a press conference held at his Umueri country home in Anambra East Local Government Area. He attributed the accusations to the machinations of political adversaries seeking to damage his reputation and undermine his gubernatorial aspirations. Chukwuma asserted that the funds in question were legitimately acquired through a contract his company, Fides Et Ratio Academy Limited, executed with the Federal Government. He maintained that all relevant documentation pertaining to the contract is readily available with the ICPC, emphasizing his transparency and adherence to legal processes.
Paragraph 3: Details of the Contract and Project Execution
Elaborating on the source of the funds, Chukwuma explained that his company was awarded a project focused on training in Intellectual Property Rights. This project, he clarified, involved collaboration with the Tertiary Education Trust Fund (TETFund) to deliver the training to Nigerian students. He emphasized that the funds, currently held in the company’s account, were specifically earmarked for this project and not derived from any illicit activities. Chukwuma reiterated his willingness to cooperate fully with any investigation to prove the legitimacy of the funds and dispel the allegations against him.
Paragraph 4: Chukwuma’s Allegations of Political Sabotage
Chukwuma firmly believes that the accusations are a calculated attempt by political detractors to derail his gubernatorial campaign. He suggested that his growing popularity and strong standing within the APC pose a threat to his opponents, prompting them to resort to smear tactics. He expressed confidence in his ability to secure the party’s nomination and ultimately win the governorship election, despite the ongoing attempts to tarnish his image. He emphasized his commitment to serving the people of Anambra State and delivering on his promises of good governance.
Paragraph 5: Chukwuma’s Confidence in His Political Standing and Record
Undeterred by the allegations, Chukwuma expressed unwavering confidence in his political standing and impeccable record. He highlighted his commitment to paying taxes and maintaining transparency in all his dealings, asserting that he has nothing to hide. He also stressed his contributions to strengthening the APC’s presence in the South-East region, positioning the party as a formidable force in the upcoming elections. He reiterated his determination to run a clean campaign focused on issues and his vision for Anambra State’s future.
Paragraph 6: Chukwuma’s Determination to Pursue His Governorship Ambition
Chukwuma concluded by reaffirming his unwavering resolve to pursue his governorship ambition despite the challenges and obstacles he faces. He vowed not to be intimidated by the smear campaign and expressed his belief that the truth would ultimately prevail. He appealed to the people of Anambra State to judge him based on his track record of service and his commitment to their well-being. He expressed his confidence in securing victory in the upcoming elections and delivering on his promise to bring positive change and development to the state. He maintained that his focus remains on serving the people and improving their lives, and he will not be deterred by baseless allegations.
