Which is the richest political party of Pakistan in 2020?

Political parties cannot function without money. There are different sponsors for each party operating in Pakistan. Here is all you need to know about the richest political party of Pakistan in 2020.

Political Party

According to the Election Commission of Pakistan (ECP) Pakistan Tehreek-e-Insaf (PTI) is still the richest political party of Pakistan for the second time in a row with estimated assets of up to Rs225.3 million. The ECP revealed the asset details of 82 political parties of Pakistan on Monday. The commission has registrations of 125 parties.

Imran Khan, the party’s chairperson and the prime minister of Pakistan, said that the PTI had not obtained any funds from banned groups.

The Pakistan People’s Party Parliamentarians (PPPP) declared a bank balance of Rs160 million, of which funds worth Rs13.5 million were received through donations.

Read more: PTI’s foreign funding case: A crisis in making?

The Pakistan Muslim League-Nawaz (PML-N) stated that its expenses were more than the income generated. The party incurred an expense of Rs200 million as compared to Rs15.5 million in income during the 2018-19.

Foreign Funding case against PTI

It is worth noting that a case was filed against PTI for receiving foreign funds. PTI’s founding member Akbar S. Babar had filed the case in 2014, alleging that nearly $3 million in illegal foreign funds were collected through two offshore companies and that money was sent through illegal ‘hundi‘ channels from the Middle East to accounts of ‘PTI employees’. He had also alleged that the foreign accounts used to collect funds were concealed from the annual audit reports submitted to the ECP.

The case became relevant during the recent political context when opposition parties apparently failed to achieve the intended objectives through a Long March led by Maulana Fazlur Rehman. Analysts believe that the opposition now wants to put more pressure on the government by creating a context in which it can also influence the ECP and courts. In this regard, some factions of media are creating unnecessary hype to create a narrative as if PTI was funded by the Jewish lobby or any other anti-Pakistan force.

Supreme Court’s Landmark Judgment

It is worth noting that the Supreme Court has already discussed in detail the question of foreign funding in its 2017 judgment on a petition filed by Pakistan Muslim League-Nawaz (PML-N) leader Hanif Abbasi, who had sought disqualification of Imran Khan.

Read more: Prohibited funding vs. foreign aid: Will PTI be ‘disqualified’ by ECP?

The SC bench led by the former chief justice of Pakistan (CJP) Mian Saqib Nisar while making a distinction between a ‘foreign aided’ party and ‘prohibited funding’ referred the case on December 16, 2017, to the ECP for a probe.

The judgment had noted that it is the duty of the ECP to scrutinize accounts of political parties on the touchstone of Article 6(3) of the PPO read in the light of Article 17(3) of the Constitution.

The PML-N counsel Akram Sheikh had submitted that the PTI is a ‘foreign-aided’ political party in terms of Article 2(c) (iii) of the Political Parties Ordinance (PPO) 2002 as it received contributions prohibited under Article 6(3) thereof read with Article 17(3) of the Constitution.

Mr. Akram had argued that despite the above-stated position, Imran Khan personally issued certificates to the ECP in terms of Article 13(2) of the PPO to the effect that PTI does not receive funds from prohibited sources, meaning thereby that it is not a foreign-aided political party.

Read more: PTI’s foreign funds to be audited

The PML-N’s lawyer wanted the court to disqualify Imran Khan for not being honest and truthful. “These certificates make misdeclaration of fact and thus the respondent (Imran Khan) has proven himself to be not sagacious, righteous, honest or ameen. He is, therefore, liable to be disqualified from holding elective office or being elected thereto under Articles 62(1) (f) and (g), and 63(1)(p) of the Constitution,” he had said.

However, the apex court in its judgment had noted that it is not the case that the PTI was formed or organized at the instance of any government or political party of a foreign country or is affiliated to or associated with any government or political party of a foreign country, or receives any aid, financial or otherwise, from any government or political party of a foreign country.

Rather, the allegation is that PTI has been receiving financial contribution and/or a portion of its funds from foreign nationals as not only the directors of the PTI USA LLC are American citizens, but contributions have been collected from individuals and the companies that are admittedly foreign nationals.

Foreign Aided Political Party

The judgment had noted that under 1962 Act, ‘foreign aided’ political party means a party which has been formed or organized at the instance of any government or political party of a foreign country; or is affiliated to or associated with any government or political party of a foreign country; or receives any aid, financial or otherwise, from any government or political party of a foreign.

It stated that where the federal government is satisfied that a political party is a foreign-aided party or has been formed or is operating in a manner prejudicial to the sovereignty or integrity of Pakistan or is indulging in terrorism, it shall make such declaration by notification in the Official Gazette.

Read more: Reham Khan Accused PM Khan Of Receiving Illegal Money

Moreover, the court noted that “within fifteen days of making a declaration under clause (1), the federal government shall refer the matter to the SC whose decision on such reference shall be final. Where the Supreme Court upholds the declaration made against a political party under clause (1), such party shall stand dissolved forthwith.”

What if the Party Receives Prohibited Funding?

The court had declared that any contribution or donation which is prohibited under the PPO shall be confiscated in favor of the state in the manner as may be prescribed.

It had also referred to the relevant law, which says where the ECP decides that the contributions or donations, as the case may be, accepted by the political parties are prohibited under clause (3) of Article 6, it shall, subject to notice to the party and after giving an opportunity of being heard, direct the same to be confiscated in favor of the state to be deposited in government treasury or sub-treasury.

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