The Election Commission of Pakistan (ECP) on Tuesday reserved the verdict in the Pakistan Tehreek-e-Insaf (PTI) “foreign funding” case.
ECP concluded the case after seven years of trial, which started in 2014 when PTI’s founding member Akbar S Babar filed it. The date when the verdict will be announced is yet to be revealed.
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’s (SBP) bank statement revealed that the party had received Rs1.64 billion in funding.
Read more: ECP barred: IHC suspends 30-day deadline order in PTI foreign funding case
The report of an ECP scrutiny committee probing the party’s funds revealed the following details.
The committee’s report showed that the PTI had only disclosed 12 out of its 65 accounts, which are registered with the SBP.
The report stated that in the years 2008/2009 and 2012/2013, the PTI disclosed funding worth Rs1.33 billion against an actual amount of Rs1.64 billion, which was reflected in SBP’s bank statement. Therefore, the party did not disclose funding worth Rs310 million.
A scrutiny committee of the ECP constituted in March 2019 to audit foreign funds of the PTI had finally submitted its report to the commission on November 26, 2021.
