The decision by the Election Commission of Pakistan (ECP) to analyze the Pakistan Tehreek-e-Insaf (PTI) funding from foreign Pakistanis was warmly welcomed by Prime Minister Imran Khan on Wednesday.
According to Imran Khan, our accounts are scrutinized thoroughly and more factual clarity will emerge for the nation, allowing it to realize how PTI is the only political party with an appropriate donor base based on proper political fundraising, he said in a tweet praising the decision.
Moreover, the premier expressed his hope that the electoral commission would look into the funding of two other significant political parties in the country—the Pakistan Peoples Party and the Pakistan Muslim League-Nawaz—in the near future.
As he said, “This will allow the country to perceive the distinction between legitimate election fundraising and the extortion of money from crony capitalists and vested interests in exchange for favors at the expense of the nation.”
In a report, the Election Commission of Pakistan accused the Pakistan Tehreek-e-Insaf (PTI) of collecting funding from foreign nationals and companies, underreporting its funds, and concealing its bank accounts.
In the four-year period between 2009-10 and 2012-13, the study claims, the party underreported a totaling Rs312 million. Year-by-year analysis reveals that an amount in excess of Rs145 million was under-reported in the fiscal year 2012-13 alone.
The audit also discloses that the PTI had not reported 26 of its bank accounts, while the electoral commission was only aware of four of those accounts.
According to a report issued by the State Bank of Pakistan, the PTI had received donations of Rs1.64 billion, whereas the ECP had only reported a sum of Rs1.33 billion in its financial disclosure.