Major parties fail to submit asset details

As per Article 13 of PPO, every political party had to submit to the ECP audit report of its accounts within 60 days

ISLAMABAD: Out of more than 327 political parties registered with the Election Commission of Pakistan (ECP), only eight have submitted their annual details of accounts by the deadline that expired on August 29.

The commission on Wednesday released names of the political parties that have submitted their account details for the past year. These include: Awami Muslim League-Pakistan, Islami Tehreek Pakistan, Jamaat Ahle-Hadith Pakistan, Pakistan Muslim League-J, Awami National Party, Pakistan Tehreek-e-Insaniat, Jamaat-e-Islami Pakistan and Pakistan Women Muslim League.

According to Article 13 of the Political Parties Order-2002, every political party had to submit to the ECP audit report of its accounts within 60 days from the close of each financial year.

Certified by a chartered accountant, the details should include annual income and expenses, sources of its funds, details of assets and liability of the political party. If any political party fails to file these details, it becomes ineligible to get election symbol to contest any elections for parliament or a provincial assembly.

Published in The Express Tribune, September 1^st, 2016.