PTI didn’t disclose funding value Rs310 million, hid financial institution accounts: report

The ruling Pakistan Tehreek-e-Insaf (PTI) hid 53 financial institution accounts and funds value thousands and thousands of rupees from the Election Fee of Pakistan (ECP).

The report of an ECP scrutiny committee probing the celebration’s funds revealed the next particulars.

The committee’s report confirmed that the PTI had solely disclosed 12 out of its 65 accounts, that are registered with the State Financial institution of Pakistan (SBP).

The report acknowledged that within the years 2008/2009 and 2012/2013, the PTI disclosed funding value Rs1.33 billion in opposition to an precise quantity of Rs1.64 billion which was mirrored in SBP’s financial institution assertion. Subsequently, the celebration didn’t disclose funding value Rs310 million.

A scrutiny committee of the ECP constituted in March 2019 to audit overseas funds of the PTI had lastly submitted its report back to the fee on November 26, 2021, about six months after the final deadline was given.

The PTI overseas funding case continues to linger since November 2014 when it was filed by Akbar S. Babar, the celebration’s founding member.

In his petition, Babar alleged monetary irregularities within the celebration’s accounts, together with unlawful sources of funding, concealment of financial institution accounts within the nation and overseas, cash laundering and use of personal financial institution accounts of celebration workers as a entrance to obtain unlawful donations from the Center East.

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Zain Ali

Zain Ali



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