ECP released details of assets owned by political parties of Pakistan

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ECP released details of assets owned by political parties of Pakistan

Islamabad: Election Commission of Pakistan (ECP) has released details of assets owned by the political parties in 2018-19.

According to details, out of 125 political parties, only 82 submitted the records.

As per details submitted, Pakistan Tehreek-i-Insaf (PTI) party owned assets worth up to Rs. 225.3 million. The PTI submitted expenditures of over Rs 508 million during 2018-19.

The opposition’s Pakistan People’s Party Parliamentarians (PPP) declared a bank balance of Rs 160 million which, according to them, also included party funds worth Rs 13.5 million.

According to the affidavit submitted to ECP, the party spent an amount of Rs 20 million as compared to an income of over five million rupees.

Pakistan Muslim League-Nawaz (PML) stated that their expenses were more than the income generated and they held assets worth over Rs. 80 million.

The party incurred an expense of Rs 200 million as compared to Rs 15.5 million income, during the year 2018-19.

The assets declared by Pakistan Muslim League-Quaid (PML-Q) and Muttahida Quami Movement-Pakistan (MQM-P) are up to Rs 49.9 million and Rs 41.9 million respectively.

The Jamaat-i-Islami (JI) party assets are over 9 million rupees.

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