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Parties to submit audited financial reports on time

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KATHMANDU, Jan 12: The three major political parties -- UCPN (Maoist), Nepali Congress (NC) and CPN-UML -- on Wednesday said they will submit audited reports of their financial activities to the Election Commission (EC) within the deadline set by the constitutional body.



The deadline for the political parties to submit their audited financial reports will expire on Saturday. [break]



“We will finalize our financial report by tomorrow (Thursday) and will submit it to the EC on Friday,” UCPN (Maoist) office secretary Bikesh Shrestha told Republica.



The main opposition Nepali Congress (NC) also said that it is preparing to submit the report by Saturday.



“We are giving final touches to our annual report and will be able to submit the report within the set deadline,” said joint-secretary at NC headquarters Prakash Sharma, who has been involved in drafting the report.



Similarly, CPN-UML Spokesperson Pradip Gyawali informed that they will not miss the deadline for submission of the report.



Asked about the delay in submitting the report, Gyawali said, “We admit our weakness but the report was delayed as we were preoccupied with other major agendas.”

He clarified that the delay does not mean that the political parties intended to defy the constitutional body´s directive.



Likewise, Tarai Madhes Democratic Party (TMDP) and Sadbhawana Party said they would submit their report to the EC within the deadline.



“We respect the constitutional body´s directive,” said TMDP Joint-general Secretary Jitendra Sonal, adding, “And, we will submit our report on time.”



General Secretary of SP Manish Suman said that they have already prepared the report and will submit it to EC within the deadline.



However, Suman said the EC must strictly enforce its directive.



Madhesi People´s Rights Forum (MPRF) Treasurer Renu Kumari Yadav said her party has already prepared the report for submission.



Madhesi People´s Rights Forum-Democratic (MPRF-D) says that it will miss the deadline as the party has not worked on the report yet. “I don´t think our party will be able to submit the report within the deadline,” Asha Chaturbedi, treasurer of MPRF-D, told Republica.



Asked if they would urge EC to extend the deadline for submission of the report, Chaturbedi said, “The party will take an appropriate decision in this regard.”



With just three days remaining for the political parties to submit the report to EC, only two parties -- Rastriya Janamorcha and Hindu Prajatantra Party -- have submitted their reports so far while CPN (Unified) has urged the constitutional body to extend the deadline. Altogether 80 political parties are registered in EC.



Addressing a press conference in the capital on Tuesday, Acting Chief Election Commissioner Neelkantha Uprety had warned that the constitutional body would not remain silent if the political parties do not submit their audited financial report on time.



Existing law requires political parties to submit their financial reports to the commission every fiscal year.



As per the law, the EC can cancel registration of a party if its fails to furnish such details for three consecutive years.



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