Liberal elders are in open warfare as Victorian branch president Michael Kroger launches an extraordinary attack on former premier Ted Baillieu, accusing him of making "appalling remarks" about the party’s treatment of women.

This latest round of in-fighting comes as cabinet minister Kelly O'Dwyer is dragged into a dispute over a lucrative electoral war chest, raised in her blue-ribbon seat of Higgins.

Victorian Liberal Party president Michael Kroger. Credit:AAP

Victorian party bosses are demanding the "Higgins 200 Club" fundraising vehicle open up its books and allow them to scrutinise its dealings, and have urged Ms O'Dwyer to intervene to persuade the managers of the fund to co-operate.

In 2015 the fund reportedly contained more than $1 million in donations, but a Liberal source said it no longer held that sum.