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PTI insists ECP fails to prove foreign funding against party

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PTI leaders addressing a joint press conference after ECP's verdict. Photo: Geo News/screengrab      ISLAMABAD: After a damning verdict by the Election Commission of Pakistan (ECP), PTI leader Farrukh Habib said that foreign funding was not proved against the party. The verdict disappointed those who were pushing the narrative of foreign funding against the PTI, said Farrukh Habib. He maintained that they were of the view that it was a case of prohibited funding but not of foreign funding. Raising questions over the ECP, the PTI leader said that the IHC had ordered to probe the accounts of all the political parties without any discrimination. He said that the scrutiny committee tasked to probe the accounts of PTI completed its work on time but the committees established to check the accounts of PPP and PML were yet to submit their report. More  to follow ... Source link https://www.news.qm.com.pk/pti-insists-ecp-fails-to-prove-foreign-funding-against-party/?feed

UK paper unearths PTI’s foreign funding through Arif Naqvi’s offshore company

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The combo shows PTI Chairman Imran Khan and Abraaj founder Arif Naqvi.  LONDON: The Financial Times (FT) has revealed in an investigation that Abraaj founder Arif Naqvi’s Cayman Islands-incorporated company Wootton Cricket Ltd was used to bankroll Pakistan Tehreek-e-Insaf (PTI) after receiving funds from companies and individuals including at least £2mn in April 2013 from an influential Arab figure. The FT said in its report: “Pakistan forbids foreign nationals and companies from funding political parties, but Abraaj emails and internal documents seen by the Financial Times, including a bank statement covering the period between February 28 and May 30 2013 for a Wootton Cricket account in the UAE, show that both companies and foreign nationals as well as citizens of Pakistan sent millions of dollars to Wootton Cricket — before money was transferred from the account to Pakistan for the PTI.” The Election Commission of Pakistan has been investigating the funding of the P