ISLAMABAD:
Majority of
political parties including Pakistan Tehreek-e-Insaf (PTI), Mutahidda Quomi Movement (MQM) and Jamiat Ulema-e-Islam Fazl (JUI-F) have failed to
file their
statement of
accounts for the financial year 2015-16 by August 29. According to official sources as many as 329
political parties have **t yet submitted their assets details.
Only eight registered
political parties from out of 237 had submitted their details of assets in the Election Commission of Pakistan (ECP). Out of which the
statement of
accounts of only three
political parties including Awami National Party, Awami Muslim League, Islami Tehreek Pakistan have been accepted.
The asset details submitted by the ruling PML-N and PPP) have been returned with objections. The documents of PML-J, Jamiat Ahl-e-Hadith Pakistan, Tehreek-e-Insaniat Pakistan, Women Muslim League were declared as incomplete. ECP does **t have powers to punish
political party on **t filing assets details.
The submission of statements of
accounts by
political parties were mandatory as per Article 13 of the
political parties Order 2002. Under the Article 13 of the
political parties Order 2002 every
political party shall submit to the Election Commission within sixty days from the close of each financial year, a consolidated
statement of
accounts of the party duly audited by a Chartered Accountant their annual income and expenses sources of funds and assets and liabilities.
The
statement of
accounts of the party is required to be accompanied by a certificate signed by the party leader stating that the party received ** funds from any source prohibited under the
political parties Order 2002 and that the
statement contains an accurate financial position of the party.
Parties which
fail to submit their
statement of
accounts in accordance with the terms laid out in Section 13 will **t be allowed to obtain an election symbol or to contest elections for the parliament and provincial assemblies.
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