APC's Sole Financier Raises "Bankruptcy" Risk, Analyst Warns

APC's Sole Financier Raises "Bankruptcy" Risk, Analyst Warns

Journalist Melvin Tejan Mansaray has voiced significant concerns regarding the financial health of the All People’s Congress (APC), asserting that businessman and politician Alhaji Mohamed Omodu Kamara, widely known as Jagaban, is currently the party's sole major financier.

Speaking on the Sierra Leone Broadcasting Corporation (SLBC), Mansaray characterized this reliance as an "unfortunate" predicament for a principal opposition party with a history of governance. He underscored the considerable risks inherent in such singular financial dependence, asking, "What if there is no Jagaban?" and warning of potential instability.

While acknowledging Jagaban's substantial and publicly recognized contributions to various national projects, Mansaray cautioned that concentrating the party's financial sustainability in one individual makes the APC vulnerable to changing circumstances or shifts in priorities.

He argued that a lack of diversified funding sources risks "financial bankruptcy" and a detrimental over-reliance on a single benefactor, potentially undermining the party's internal cohesion and operational capacity.

Mansaray clarified that his comments were not a personal criticism of Jagaban's impactful philanthropic record. Instead, he stressed the critical necessity for APC leadership to develop a long-term, strategic funding model to ensure resilience, financial stability, and public trust ahead of future political campaigns and leadership transitions.