ECP finds PTI guilty of accepting prohibited funds

[Mugen]

Looks like Bajwa and co will not rest until the country defaults. They have no concept of shame and correcting their wrong, at this point, these generals are evil and won't stop unless someone stops them.

 

[muhammadhafeezmalik]

https://twitter.com/x/status/1554396747857666055

https://twitter.com/x/status/1554388720098451456

 

[M. Sarmad]

So, IK has allegedly submitted a fake affidavit and PMLN is claiming that submission of fake affidavits leads to disqualification

Ironically, Shahbaz Sharif had submitted an affidavit regarding Nawaz Sharif's return in 4 weeks, had lied on oath, and right now he's the PM of Pakistan !!

That what ECP is claiming to be an "affidavit" by IK is legally not an affidavit is a different debate though

 

[AZ1]

https://twitter.com/x/status/1554411267716177921

 

[Zarvan]

Another strike on PTI. Unable to provide 13 account information. Show cause notice issue to PTI by ECP.

The foreign funding allegation is dropped.

The example of foreign funding, JUIF received funds directly from Gaddafi/Libyan govt.


The Election Commission of Pakistan (ECP) on Tuesday ruled that PTI did indeed receive prohibited funding and issued a show-cause notice to the party.

The commission announced the verdict in a case filed by PTI founding member Akbar S. Babar which had been pending since November 14, 2014. The verdict, which was reserved on June 21, was expected at 10am but was delayed by almost half-an-hour.

On Tuesday, the three-member ECP bench comprising Chief Election Commissioner Sikander Sultan Raja also ruled that the party received funds from business tycoon Arif Naqvi and from 34 foreign nationals. It said that the party had taken ownership of eight accounts and kept 13 hidden.

The ECP decided to issue a show-cause notice to the PTI to explain why the commission should not seize the funds it received. The commission also said that PTI chief Imran Khan had submitted a “misdeclaration” with the commission.

The security in Islamabad’s ‘red zone’ was put on high alert ahead of the ECP’s verdict. It has been decided to deploy 1,000 police personnel in the area, and the anti-riot force will also remain in the red zone. Unrelated persons will not be able to enter the Red zone.

As time for the verdict drew closer, footage broadcast on television showed Islamabad police with riot shields standing outside the building as staffers can be seen unrolling spools of concertina wire.

Yes the accounts. So much foreign funding. Here comes one another example.

The guy is Pakistani, dual national but his wife is Indian. He pays PTI from joint account our awesome competent ECP divides that amount with 2 and declares half as Foreign funding. Like I am done with stupidity. It's time ECP jokers are audited I am pretty sure these fools spend more money on tea and biscuits and food over eight years while hearing this case and recovered less then that. And even all this amount pretty sure PTI declared it that is why ECP knows about them. Even the guys who paid are known. How open a party can be ?

 

[aakash_2410]

Election commission cannot ban any party

No, but if the government refers this case to the Supreme Court of Pakistan. SC has to take a decision within 15 days about whether they'll ban PTI or not.

(It's anyone's guess what the SC ruling will be)

 

[IbnAbdullah]

Salaam

IF PTI and IK has a good lawyer/Barrister, refutal of these charges/allegations is piece of cake.

https://twitter.com/x/status/1554384675686195200

This is from a document of ICAEW on responsibilities of a director in regards to financial statements.

"4. DIRECTORS PREPARE FINANCIAL STATEMENTS; AUDIT COMMITTEES MONITOR THE INTEGRITY OF FINANCIAL STATEMENTS ‘True and fair’ financial statements are not the same as ‘correct’ or ‘accurate’ financial statements, because many figures in the financial statements are estimates. Many estimates are complex, but the vast majority of financial statements, including those of smaller companies, contain numerous simple estimates relating to stock and depreciation, for example. Directors must estimate the value of stock that will need to be written off and the useful lives of fixed assets in order to calculate depreciation. Company law, EU-adopted IFRS and the continuing obligations of listing govern the content of the financial statements of a listed company and some of the ‘other’ information listed companies include at the ‘front end’ of their annual reports. Financial statements include primary statements such as a profit and loss account, balance sheet and cash flow statement, as well as related notes."

Unfortunately, it is said in Pakistan having a 'good' judge is more important than having a good lawyer.

 

[RIP Pak LAW]

this should be termed as:

"khoda pahar nikla chuha"

 

[ziaulislam]

https://m.facebook.com/groups/1205404933198639/permalink/1344981842574280/

 

[hydrabadi_arab]

This is bogus lol, with that money you can barely pay for Lahore to Islamabad private jet cost. Its another toshakhana basically, not a big deal.

Meanwhile Nawaz london apartments are actually real proof of money laundering.

this should be termed as:

"khoda pahar nikla chuha"

Some Sikh transfered $500, lets ban PTI lmao

edit: Its just $50 actually.

 

[Flash_Ninja]

Its obvious they want to ban PTI and then announce elections before PTI is able to reform or create a new party.

 

[Finer]

I am beginning to think Armies are setting up the democracy for failure to make room for future General in form of caretaker government.

PTI is too honest and got trapped, they should be dishonest like PDM parties...this is the right way to practice politics in Pakistan.

No one is that honest. Not even PTI given the expensive dharnas thrown every years. They cost money. I won’t be surprised if PTI financial backer turns out to be foreign with evidence as testament.

 

[Riz]

The companies which EC labels as foreign are actually PTI own LLC registered companies, but these jokers declared them as illegal , there hundreds of companies registered in different countries by all political parties of Pakistan

 

[RIP Pak LAW]

Its obvious they want to ban PTI and then announce elections before PTI is able to reform or create a new party.

Relax!

Its not going that way. stop watching Jew channel.

Most can happen is confiscation of that 'prohibited' money. Heck even that can be challenged in higher courts.

 

[AZ1]

I am beginning to think Armies are setting up the democracy for failure to make room for future General in form of caretaker government.


No one is that honest. Not even PTI given the expensive dharnas thrown every years. They cost money. I won’t be surprised if PTI financial backer turns out to be foreign with evidence as testament.

namanzoor.com raised 40 crores in 1 day for fund raising. You have no idea.