ECP says any parliamentarian who had had over Rs 2 million in loans written off will lose his or her seat
Based on the terms of references (TORs) relating to the commission to probe the Panama Leaks revelations, the Election Commission of Pakistan (ECP) on Tuesday announced that any parliamentarian against whom loan waiver of Rs 2 million is proven will have to lose his or her seat.
According to ECP sources, based on Article 63-1 (N) of the constitution, if any parliamentarian is found involved in loan waiver of Rs 2 million on loans obtained under his or her own name or that of his or her spouse or children, and is unable to return the loan within a period of one year, then he or she will be declared unfit to hold the seat of the parliament.
Furthermore, it was also declared that if evidence is found against any member of the parliament in the report of the investigating commission, then action based on the constitution shall be taken.
The Senate speaker or chairman shall have to send a reference within 30 days if a question of ineligibility according to the constitution is raised. However, if a reference is not sent within a period of 30 days, then the matter will be forwarded to the Election Commission which will make its decision within 90 days.
