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How a cricket match in UK was used to fund Imran Khan's party
TIWN
TIWN
PHOTO : TIWN
London, Jul 30 (TIWN): As Pakistan awaits the verdict reserved by the Election Commission of Pakistan (ECP) into the PTI's prohibited funding, an expose by the Financial Times has blown the lid off Pakistani tycoon Arif Naqvi's involvement in the party's finances and how a significant portion of its funding in 2013 was of foreign origin, media reports said.
According to the report, "Naqvi transferred three instalments directly to the PTI in 2013 adding up to a total of $2.12m", Geo News reported
At the centre of the saga is Wootton Cricket Ltd, a Cayman Islands-incorporated company owned by Naqvi, and the money from charity fundraisers, such as the "Wootton T20 Cup", to bankroll PTI.
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