PTI foreign funding case

The PTI foreign funding case or simply foreign funding case is a case of the Pakistan Tehreek-e-Insaf (PTI) obtained funds from foreign nationals and companies, underestimated the funds and hid 53 of bank accounts.[1]

Background

Akbar S. Babar, a former member of PTI, had filed a petition in the Election Commission in 2014 against irregularities in party funds, on which the ECP's scrutiny committee held 96 hearings in the court. Babar had alleged that millions of dollars had been transferred to PTI bank accounts through two offshore companies and that the PTI had kept these bank accounts secret from the Election Commission.[2][3][4]

Election Commission Scrutiny Committee Report

According to the 225-page report of the scrutiny committee set up by the Election Commission of Pakistan, Pakistan Tehreek-e-Insaf (PTI) disclosed 12 bank accounts in the Election Commission while keeping 53 accounts hidden. Besides, donations of more than Rs 31 crore have not been disclosed to the Election Commission. The PTI has shown only 12 bank accounts out of 77, while New Zealand and Canada accounts have not been accessed.[5][6]

The report states that in 2008 and 2009, 2012 and 2013, the PTI made donations of Rs 1.33 billion to the Election Commission of Pakistan. The ECP was given incorrect information regarding the donations as the State Bank of Pakistan statement showed that PTI received donations of Rs 1.64 billion out of which Rs 31 crore were concealed.[7][8]

References
  1. Khan, Syed Irfan Raza | Iftikhar A. (January 5, 2022). "PTI tried to keep lid on foreign accounts, reveals ECP". DAWN.COM.
  2. "Foreign funding case: Imran Khan's 'friend' offered to make me chairman Senate, says Akbar S Babar". www.thenews.com.pk.
  3. "PTI received prohibited funding from 12 countries, claims Akbar S. Babar". Dunya News.
  4. "Babar issues report on PTI foreign funding". 13 July 2021.
  5. Khan, Iftikhar A. (January 19, 2022). "ECP declassifies key documents in PTI foreign funding case". DAWN.COM.
  6. "PTI foreign funding: Millions of dollars transactions not shared with ECP". www.thenews.com.pk.
  7. "PTI foreign funding case: Source of $0.43m transactions remains unexplained". www.thenews.com.pk.
  8. Khan, Iftikhar A. (March 1, 2022). "Bank delayed revealing PTI's foreign donations until 2018 polls". DAWN.COM.
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