'Extraordinary amount of financial details' behind PTI delay in submitting statements

Due to intraparty and general elections, PTI auditors had to deal with a lot of financial details, says spokesperson.

Due to intraparty and general elections, PTI auditors had to deal with a lot of financial details, says spokesperson. PHOTO: FILE

ISLAMABAD:
Pakistan Tehreek-i-Insaf (PTI) has said that an ‘extraordinary amount of information and financial details’ remained the main reason behind the delay in submitting its annual financial statement to the Election Commission of Pakistan within the given time period—August 29.

PTI failed to meet the deadline set by the ECP on Thursday when a total of 45 parties submitted details of their assets, including all mainstream parties like Pakistan Muslim League-Nawaz, Pakistan Peoples Party, etc. “Every political party has to submit to the Election Commission, within 60 days from the close of each financial year, a consolidated statement of accounts of the party, duly audited by a Chartered Accountant,” says Article 13 of the Political Parties Order, 2002.


“Due to party’s intraparty elections and after the May 11 general elections PTI’s staff and its auditors have had to deal with extraordinary amount of information and financial details,” stated a gist of the statement issued to The Express Tribune on Saturday.

“There was no dark design behind the slight delay in PTI submitting its annual financial statement to the ECP. PTI always stood by its commitment to transparency as its leadership had voluntarily placed their assets on party’s website,” stated PTI’s spokesperson.
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