This is one of the requirements under the revised Organic Law on Political Party and Candidates.
“Under the revised Organic Law, one of the things we are saying is that a party must showcase to us that they have K100,0000 in their bank accounts,” said Registrar Dr Alphonse Gelu.
“Some people have accused us that we are trying to promote only people with money, but that’s the reality.”
Dr Gelu revealed that many parties do not have the financial capacity to operate a political party professionally.
