ECP to announce PTI’s foreign funding case verdict at 10:00 AM today    The PTI has denied any wrongdoing and maintains the funding is not from prohibited sources.

Election Commission of Pakistan to announce PTI’s foreign funding case verdict at 10:00 AM today   

ISLAMABAD ( Web News )

The Election Commission of Pakistan (ECP) Monday announced that Pakistan Tehreek-e-Insaf’s foreign funding case verdict — which was reserved on June 21 — will be announced today (Tuesday) at 10:00 AM.

The Election Commission of Pakistan on Monday released the cause list for the prohibited funding case. According to the cause list, the verdict will be announced by a three-member bench led by Chief Election Commissioner Dr. Sikandar Sultan Raja and comprising members Nisar Ahmed Durrani and Shah Muhammad Jatoi.

The case, which was filed by party founding member Akbar Sher Babar, has been pending since Nov 14, 2014. Babar, who is no longer associated with PTI, had alleged serious financial irregularities in the party’s funding from Pakistan and abroad.

The PTI has denied any wrongdoing and maintains the funding is not from prohibited sources. Last month, ECP reserved its verdict in the case.

The development comes days after a delegation of the ruling alliance, comprising members of the Pakistan Democratic Movement, PPP, and Muttahida Qaumi Movement-Pakistan, met ECP officials and urged them to release the verdict in the case.

Last week, Prime Minister Mian Muhammad Shehbaz Sharif had also urged the ECP to announce its judgment on the long-delayed case.

On June 21, the ECP had reserved its verdict in the prohibited funding case — previously referred to as the foreign funding case — against the PTI, which has not been issued yet.

The petitioner, Akbar S. Babar, had alleged serious financial irregularities in the party’s funding from Pakistan and abroad. The PTI had, however, denied any wrongdoing, and maintains the funding is not from prohibited sources.

On January 4, the ECP’s scrutiny committee, formed in March 2018 to examine the PTI’s foreign funding in one month, finally submitted its report after 95 hearings and nearly four years.

The report, based on eight volumes of record requisitioned through the State Bank of Pakistan, proved that the PTI leadership had committed gross violations of funding laws by allowing the collection of millions of dollars and billions of rupees without any source and details from foreigners, including Indian nationals and foreign companies.

The report, a copy of which is available with Dawn, had also mentioned a refusal by the party to divulge details of large transactions and the panel’s helplessness to get details of PTI’s foreign accounts and the funds collected abroad.

According to the report, the party under-reported an amount of Rs312 million over a four-year period, between FY2009-10 and FY2012-13. Year-wise details show that an amount of over Rs145m was under-reported in FY2012-13 alone.

It also called into question the certificate signed by the PTI chairman, submitted along with the details of PTI’s audited accounts.