The Integrity Commission has completed its report covering the political financial activities during the November 2012 election campaign. The report has been compiled as part of the Commission’s responsibility for ensuring transparency in election campaign financing.
The Political Activities Ordinance has given the Integrity Commission the responsibility for ensuring that political parties and candidates comply with their respective legal obligations. The report therefore covers the role of the Commission in carrying out its functions and focuses primarily on the registration process, donations received and expenditure incurred by political parties and candidates. It also sets out the regulatory controls introduced and how these were managed and administered by the Commission.
Eugene Otuonye QC, director of the Integrity Commission said, "Publication of this report and making it readily accessible to the public of TCI is an important part of the Commissions function in ensuring transparency and integrity in political financial activities.”
According to the report, the three main political parties received a combined total of $501,850.92 in campaign donations.
Based upon the weekly reports submitted and reported to the Commission during the election period between the dates 28 August and 9 November 2012, the total donations by each of the three parties were as follows:
Progressive National Party (PNP) $252,669.01 (50.3% of the total)
People’s Democratic Movement (PDM) $160,575.16 (32.0% of the total)
People Progressive Party (PPP) $88,606.75 (17.7% of the total)
The amounts listed above include all donations reported to the Commission up to and including the 9th November 2012
All political parties that put forward candidates at the November election must also submit a campaign expenditure return within three months of the election if their campaign spending was $250,000 or less, or within six months if their spending was over $250,000 (in which case an audited report is required).
Once the Commission has received all expenditure returns, it will compile a separate and detailed report concerning campaign spending by political parties. This report will also be available for inspection by the public.
Click here for the full report