AL, BNP submit audit report to EC

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The Bangladesh Nationalist Party (BNP) has submitted its annual financial statement to the Election Commission (EC) for the 2016 calendar year, showing a fund of Tk 14, 04,878 in reserve.

BNP Senior Joint Secretary General Ruhul Kabir Rizvi handed over the financial report to Chief Election Commissioner KM Nurul Huda around 4:30pm on Monday at Nirbachon Bhaban in the capital.

According the report, BNP earned only Tk 4,13,68,730, while the party spent Tk 3, 99, 63,852 during the period.

Though the party had deficit in recent years, it had Tk 14,04,878 in deposit last year.

Talking to journalists, Rizvi said the sources of their party’s income are party members’ subscriptions, donation and selling of the party’s constitution and other publications.

“Our party spent the money in its various programmes, including the arrangements of meetings and iftar parties,” he said.

Earlier on the day, the ruling Awami League (AL) also submitted the audited report on its financial statement of the year 2016 to the EC showing that the party’s annual income is about 1.82 crore higher than its expenditure.

According to the report, AL’s total revenue was 4,84,34,097 in 2016, while its expenditure was Tk 3,01,84,799.

As per the law, each registered political party is obliged to submit its financial statement of the previous calendar year by each July 31.