PTI concealed 53 bank accounts, report finds
• Election Commission's Scrutiny Committee finds Rs310m anomaly in funds details: Says was not given access to party’s accounts in Canada and New Zealand
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According to the report, no date has been mentioned on the audit reports of 2012 and 2013. The receipts provided by the audit firms do not match with the bank accounts.
The report says that the audit statement was sent to the PTI central executive committee for approval. It observes that the audit report without having date on it, is against the accounting standards.
As per the analysis of the scrutiny team, the PTI revealed 12 bank accounts in foreign funding case while it concealed 53 bank accounts.
In years 2008-9 and 2012-13, the party showed funds amounting to Rs1.33 billion while in reality it received funds totaling Rs1.64 billion. So the report has found an anomaly of Rs310 million, declaring that the PTI provided wrong information to the Election Commission regarding public donations.
The report says the PTI disclosed only 12 accounts out of 77 accounts hiding an amount of Rs310 million. The party hid two bank accounts in 2008-09. It also did not give access to the accounts in Canada and New Zealand.
The details of undisclosed funds came to the fore after analyzing the information provided by the State Bank of Pakistan.
Reporter Usman Khan