NEW DELHI: Did Pakistani tycoon Arif Naqvi assist funnel thousands and thousands of {dollars} to Imran Khan‘s PTI? A brand new report could have blown the lid off a long-kept secret associated to the funds of the previous Pakistani PM’s political celebration, which have been beneath the scanner of Election Fee for a few years.
A report by the Monetary Instances claims that Naqvi, a outstanding Pakistani businessman and founding father of the Dubai-based Abraaj Group, hosted a cricket match at his nation property within the Oxfordshire village of Wootton from 2010 to 2012 and used the proceeds from the charity fundraisers to bankroll Imran’s celebration.
The report says that Naqvi transferred as many as three instalments on to the Pakistan Tehreek-e-Insaf (PTI) in 2013 including as much as a complete of $2.12 million.
In keeping with the UK-based publication, the friends taking part within the “Wootton T20 Cup” have been requested to pay between £2,000 and £2,500 every to attend. The cash apparently went to unspecified “philanthropic causes”.
The report mentioned that the charges was paid to Wootton Cricket Ltd, a Cayman Islands-incorporated firm owned by Naqvi, and the cash was getting used to bankroll Pakistan Tehreek-e-Insaf.
Notably, Imran himself was invited to take part within the league, together with many PTI members, and was even “persuaded to take the sector” at Wootton.
“Funds poured into Wootton Cricket from firms and people, together with at the least £2 million from a United Arab Emirates authorities minister who can also be a member of the Abu Dhabi royal household,” the FT report mentioned.
The report claims Naqvi exchanged emails with a colleague about transferring $1.2 million extra to the PTI.
“Six days after the $2 million arrived within the Wootton Cricket checking account, Naqvi transferred $1.2 million from it to Pakistan in two instalments. Rafique Lakhani, the senior Abraaj government accountable for managing money move, wrote in an e mail to Naqvi that the transfers have been meant for the PTI,” the report mentioned.
The explosive claims made within the report come at a time when ousted Imran Khan is dealing with bother at dwelling within the alleged prohibited funding case.
Political events in Pakistan will not be allowed to obtain funding from international nationals and corporations.
In keeping with Pakistan-based Geo TV, the Election Fee of Pakistan (ECP) had been probing the celebration’s funding since 2014, when founder Akbar S Babar alleged main irregularities within the celebration’s funds, together with in funding from exterior Pakistan.
Whereas the case has been concluded, the date of verdict is but to be introduced by the ballot panel.
It was beforehand reported that Naqvi had funded Imran Khan’s political celebration. Nevertheless, the precise supply of the cash was by no means revealed.
In the meantime, to questions by FT, Imran Khan wrote again saying he had gone to “a fundraising occasion which was attended by many PTI supporters”.
The FT report described the time as “crucial” for Khan to gather funds forward of the 2013 normal elections due in Might.
In keeping with the publication, Naqvi labored intently with different Pakistani businessmen to lift cash for his marketing campaign, Geo Information reported.
A report by the Monetary Instances claims that Naqvi, a outstanding Pakistani businessman and founding father of the Dubai-based Abraaj Group, hosted a cricket match at his nation property within the Oxfordshire village of Wootton from 2010 to 2012 and used the proceeds from the charity fundraisers to bankroll Imran’s celebration.
The report says that Naqvi transferred as many as three instalments on to the Pakistan Tehreek-e-Insaf (PTI) in 2013 including as much as a complete of $2.12 million.
In keeping with the UK-based publication, the friends taking part within the “Wootton T20 Cup” have been requested to pay between £2,000 and £2,500 every to attend. The cash apparently went to unspecified “philanthropic causes”.
The report mentioned that the charges was paid to Wootton Cricket Ltd, a Cayman Islands-incorporated firm owned by Naqvi, and the cash was getting used to bankroll Pakistan Tehreek-e-Insaf.
Notably, Imran himself was invited to take part within the league, together with many PTI members, and was even “persuaded to take the sector” at Wootton.
“Funds poured into Wootton Cricket from firms and people, together with at the least £2 million from a United Arab Emirates authorities minister who can also be a member of the Abu Dhabi royal household,” the FT report mentioned.
The report claims Naqvi exchanged emails with a colleague about transferring $1.2 million extra to the PTI.
“Six days after the $2 million arrived within the Wootton Cricket checking account, Naqvi transferred $1.2 million from it to Pakistan in two instalments. Rafique Lakhani, the senior Abraaj government accountable for managing money move, wrote in an e mail to Naqvi that the transfers have been meant for the PTI,” the report mentioned.
The explosive claims made within the report come at a time when ousted Imran Khan is dealing with bother at dwelling within the alleged prohibited funding case.
Political events in Pakistan will not be allowed to obtain funding from international nationals and corporations.
In keeping with Pakistan-based Geo TV, the Election Fee of Pakistan (ECP) had been probing the celebration’s funding since 2014, when founder Akbar S Babar alleged main irregularities within the celebration’s funds, together with in funding from exterior Pakistan.
Whereas the case has been concluded, the date of verdict is but to be introduced by the ballot panel.
It was beforehand reported that Naqvi had funded Imran Khan’s political celebration. Nevertheless, the precise supply of the cash was by no means revealed.
In the meantime, to questions by FT, Imran Khan wrote again saying he had gone to “a fundraising occasion which was attended by many PTI supporters”.
The FT report described the time as “crucial” for Khan to gather funds forward of the 2013 normal elections due in Might.
In keeping with the publication, Naqvi labored intently with different Pakistani businessmen to lift cash for his marketing campaign, Geo Information reported.