Friday , April 10 2020

State Bank of Pakistan has advised banks to give the account details of PTI to ECP

Islamabad: The State Bank of Pakistan (SBP) has briefed that it urged all banks to provide information about bank accounts of the Pakistan Tehreek-i-Insaf (PTI) to the Election Commission of Pakistan (ECP).

The State Bank’s chief spokesman said on Thursday that the ECP approached to SBP in the July last year to inquire the data of all the PTI candidate from 2009-2013 as per the Elections Act, 2017 and the constitution.

“SBP while discharging of its duties advised all banks to provide the required information/data directly to ECP by due date, as per procedure laid down under the law,” the notification said denying that issuance of any information of PTI bank accounts.

“SBP neither maintains the database of banks’ individual accountholders nor possesses any related information/record thereof. Banks being the custodian of customers’ information may directly provide this information to various agencies, on case-to-case basis, as per procedure laid down under the respective laws. Therefore, it is out of question that SBP has reported 18 undeclared bank accounts of PTI out of total 26 to the ECP,”  ECP added.

The sources confirmed the data that PTI is operating 18 banks accounts that are not declared yet, the information was given by the banks to ECP on the directive of State Bank of Pakistan.

ECP director general who heads the commission’s scrutiny and wanted to examine the the allegations of receipt of funding by the PTI from unknown sources. ECP wrote letter to SBP and asked for their assistance in retrieving information relating the PTI’s bank accounts.

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