ECP reminds political parties to submit statements of accounts

The Election Commission of Pakistan (ECP) on Monday sent reminders to all political parties for filing their statement of accounts for financial year 2016-17 till 29 August, 2017. In a notification, the ECP stated that in terms of Article 13 of Political Parties Order, 2002, the parliamentarians have to file their annual statements of accounts for financial year, 2016-17 with the commission.
Article 13 of Political Parties Order, 2002 provides that every political party shall submit to the Election Commission within 60 days from the close of each financial year, a consolidated statement of bank accounts of the party on form-I duly audited by a chartered accountant, containing: (a) annual income and expenses; (b) sources of its funds; (c) 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 no funds from any source prohibited under Political Parties Order, 2002, were received by the party and the statement contains an accurate financial position of the party.
The party leaders of all the political parties are advised to submit the statements of accounts of their parties, duly audited by a chartered accountant by the August 29, 2017 positively. The statement shall be delivered to the secretary Election Commission, Election Commission Secretariat, Constitution Avenue, Islamabad, through an office-bearer of the party, duly authorised by the party leader. As per provisions of rule 11 of the Political Parties Rules, 2002, any statement received through post, fax, courier service or any other mode is not acceptable.