, NAIROBI, Kenya Dec 7 – The Independent Electoral and Boundaries Commission (IEBC) on Wednesday requested political parties and independent candidates to submit details of bank accounts to be used in August 2017 General Election as it seeks to regulate campaign financing.
In a statement to newsrooms, IEBC CEO Ezra Chiloba said the Commission is expected to conduct the registration of Political Party Campaign Financing Committees within at least 8 months before a general election.
He guided political aspirants that the election date is officially set for August 8 according to the 2010 Constitution. Therefore the eight-month cut-off date takes effect at midnight on Wednesday.
“For purposes of the general election, Section 6 of the Act obligates the Commission to register “authorized persons” who are: a candidate, agent of the candidate or political party campaign financing committee. The authorised persons are required to open and submit the details of the campaign financing account to the Commission at the time of registration. The registration is expected to be done at least 8 months before the elections; in the case of 2017 General Election, by December 8, 2016,” Chiloba said.
The Constitution mandates IEBC to regulate the amount of money that may be spent by or on behalf of a candidate or party in any election.
The Political Party Campaign Financing/Expenditure Committee shall consist of 9 members; including 3 persons nominated by the governing body of the political party, the Secretary-General of the party and 3 members of the Committee shall be signatories to the party campaign financing/expenditure committee.
In the case of the formation of an Independent Candidate Campaign Financing/Expenditure Committee, the Committee will comprise of 3 members nominated by the candidate who will also double up as the signatories.
A circular released by the IEBC states that the party and independent candidate campaign financing/expenditure committees are tasked with advising the party/candidate on all financial matters related to expenditure; managing the expenditure account of the party/candidate and keep updated books of account and availing the books of account for inspection.
The party and independent candidate campaign financing/expenditure committees will be further be charged with receiving expenditure reports on monies spent by party candidates or by independent candidates and compiling and submitting to the Commission the final expenditure report with respect to that nomination or election period.
Any person or organisation seeking to contribute to a candidate or political party shall channel such contributions through the independent candidate/political party expenditure accounts.
An organisation which intends to campaign in support of a candidate or political party shall be required to seek written consent from the political party or independent candidate that they intend to support.
The organisation will then be required to register their consent with the polls body and open a campaign financing account into which contributions shall be deposited at least 8 months before polling day.
Final expenditure reports shall be submitted to the respective authorized person of the independent candidate or campaign financing/expenditure committee within 1 month of the election.
For purposes of regulating election campaign financing during the expenditure period; political parties/independent candidates the authorised persons shall be: a Candidate; an Agent of the candidate; or a political party campaign financing/expenditure committee in the case of political parties
A political party shall submit to the Commission a preliminary nomination expenditure report within 21 days of the political party nomination;
“Political parties/independent candidates shall submit to the Commission their final expenditure reports within 3 months after the elections; The expenditure reports shall include records showing all transactions including income and expenditure statements.” the Commission said in a statement.
An independent candidate or political party shall notify the Commission of any surplus campaign funds held within 3 months after the date of an election.
“Within 3 months after the date of election the independent candidate/political party shall report to the Commission the action taken to dispose the surplus funds as governed by the provisions of the Act,” reads a section of the legislation.