The Senator Ali Modu-led faction of the Peoples Democratic Party (PDP) has alleged that the Ahmed Markarfi committee has been collecting N50 million monthly subvention from governors of the party.

Sheriff was declared as chairman of the party by a Court of Appeal in Port Harcourt as against Makarfi who has had the backing of governors.

Deputy chairman of the PDP, Senator Cairo Ojougboh , in a press briefing, on Monday, claimed that the Makarfi committee did not want to let go because of the millions it has collected.

He further said Makarfi was planning to clinch the party’s ticket for presidency in 2019.

According to Ojougboh, “The reason why the caretaker committee members are protesting is that they have seen that the table is now crumbling fast under their feet.

“All the organs of the party are cueing into the reconciliation and when the reconciliation pulls through, they are out and Senator Makarfi can only come as member of the Board of Trustees and so the N50m monthly subvention from governors will stop.

“They get subvention from the governors every month and when reconciliation happens, that subvention will stop.

“Secondly, Makarfi wants a situation where he will tailor-make and tailor-made the convention to suit his interest because he has come out to say that he will be contesting the presidency of the country.”