A large number of foreign funds was used by the Pakistan Tehreek-e-Insaf (PTI) for its media campaign after a suspicious money transfer to Pakistan by Arif Naqvi, former owner of Abraaj Group.
Federal Investigation Agency (FIA) has obtained the documents revealing that $0.625 million had been routed by Arif Naqvi to Pakistan through Wooten Cricket Limited. Naqvi is facing trial in a US court for financial fraud worth $1 billion.
According to a media report, the above-mentioned amount was in addition to the $2.1 million that was directly received in PTI’s accounts from Wooten. The amount was transferred to Tariq Shafi, a close friend of PTI Chairman, in the account of ‘The Insaf Trust’. Shafi received another $0.575 million in his personal account and transferred it to PTI’s account.
Late Ashiq Hussain Qureshi and Hamid Zaman, both close friends of Imran Khan were the beneficiaries of the said account that was opened in May 2012 at the Habib Bank Ltd, Lahore Cantt branch.
Two media management firms, Communication Spot and Group M — were paid Rs36mn and Rs25mn, respectively, by PTI for the election campaign, the report has revealed.
FIA has thrice issued notices to Tariq Shafi and others involved in account opening but they didn’t turn up. The investigative agency also issued notices to both media management companies. Group M has submitted its reply accepting that it took money through a professional relationship with PTI. However, Communications Spot has sought time to answer.