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Election Commission of Pakistan reserves its decision on PTI’s foreign funding case

The financial expert maintained that audit principles and standards have been ignored in PTI’s funds. He claimed that the donors were not third parties but companies created by the party leadership.

ISLAMABAD: The Election Commission of Pakistan (ECP) on Tuesday reserved its decision in the foreign funding case of Pakistan Tehrik-e-Insaf.

Sikandar Sultan Raja, Chief Election Commissioner, conducted a hearing on the case at the ECP office in Islamabad on Tuesday.

The verdict was reserved after a briefing by the financial expert brought by whistleblower and PTI founding member Akbar S Babar.

The ECP has concluded the foreign funding case after seven years of trial, which was started in 2014, when Akbar S Babar filed the complaint.

During the hearing, the financial expert maintained that audit principles and standards have been ignored in PTI’s funds. He claimed that the donors were not third parties but companies created by the party leadership.

Meanwhile, Babar also came to the rostrum to give arguments.

“It is the first time in history that a political party is giving details for its funding sources to the ECP. Every political party should be answerable before the Commission,” Babar said.

Meanwhile, CEC Sultan Raja thanked the parties for cooperating and providing details.

“We have to restore the voters’ trust and strengthen the country democratically,” he said.

He said that the cases of other parties will also be concluded soon and the Commission will ensure that there is no discrimination.

PTI hid funds worth millions from ECP: report

The PTI hid funds worth millions of rupees from the ECP, the report of an ECP scrutiny committee probing the party’s funds had revealed on January 4.

The report stated that the PTI provided “false information” regarding the party’s funding to the ECP. It said that the State Bank of Pakistan (SBP’s) bank statement revealed that the party had received Rs1.64 billion in funding.

According to the report, the party did not disclose funding worth more than Rs310 million to the ECP.

The scrutiny committee was formed in 2019 to audit foreign funding received by the PTI.

Javed Mahmood
Written By

I am an experienced writer, analyst, and author. My exposure in English journalism spans more than 28 years. In the past, I have been working with daily The Muslim (Lahore Bureau), daily Business Recorder (Lahore/Islamabad Bureaus), Daily Times, Islamabad, daily The Nation (Lahore and Karachi). With daily The Nation, I have served as Resident Editor, Karachi. Since 2009, I have been working as a Freelance Writer/Editor for American organizations.

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