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Dhaka Tribune

AL in surplus, BNP and JP report deficit

Update : 01 Aug 2013, 03:45 AM

Both BNP and Jatiya Party have shown higher expenditures than incomes in 2012, while the ruling Bangladesh Awami League has reported a surplus in their respective annual reports submitted to the Election Commission Wednesday.

The ruling party reported the highest income and expenditure – Tk100m and Tk90m – followed by its key ally Jatiya Party with Tk48m and Tk49m, respectively. The JP's income and expenditure were double the figures the main opposition BNP earned and spent last year.

BNP showed Tk18m as annual income and over Tk22.6m as expenditure.

The three major political parties waited until the last day to file audited reports on annual income-expenditure as required by law.

Deputy Office Secretary of Awami League Mrinal Kanti Das, Joint Secretary General of BNP Ruhul Kabir Rizvi, and presidium member of Jatiya Party Tajul Islam submitted the reports on behalf of their respective parties.

Awami League did not disclose its annual income or expenditure,but said both were more than what was earned or spent in the last year.

"As per the party decision, the figures will not be disclosed to the public, unless the commission wants us to do so," said MrinalKanti Das.

However, party insiders confirmed to the Dhaka Tribune earlier that the ruling Awami League made savings of around Tk10m in 2012, as its total income stood at around Tk100m and expenditure at Tk90m.

According to sources in the Awami League, the ruling party has shown donations and subscription fees from its central committee members, advisory council members, lawmakers, members and well-wishers as its income source. The party also earned by selling books and old papers, and interests from bank deposits.

The party also owns four decimal of land on Bangabandhu Avenue, a property worth Tk47.5m. It also earned from the rent of the shops on the avenue.

The party's expenditure covers maintenance of the Dhanmondi office, salaries of employees at party offices, organising meetings, council sessions and seminars, publishing papers and magazines, conducting relief and organisational activities, and advertisements.

Briefing reporters Wednesday after submitting the annual report, Ruhul Kabir Rizvi said the annual income of his party was around TK18m while the annual expenditure over Tk22.6m. He said the deficit was met with the savings and deposits from the previous year.

Donations from well-wishers and subscriptions from party members are the main sources of the BNP's income. Observance of different national days and party events, anniversaries, staff salaries are main expenditures of the party, Rizvi told the Dhaka Tribune.

Earlier during the day, Tajul Islam submitted the audit report on behalf of Jatiya Party. Their income was about Tk48m while their expenditure was around Tk49m.

Meanwhile, Bikolpo Dhara Bangladesh, Jatiya Party (Monju), Workers Party and Samyabadi Dal requested that the Election Commission extend the submission deadline.

The commission had set July 31 as the last date for all political parties to submit their audit reports.

According to the Political Party Registration Rules-2008, all parties have to submit their annual financial reports to the EC.

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