The party in opposition said it cleared all pending debts this week, and accordingly notified the Election Commission that has been reviewing the party’s status to determine its eligibility for the general elections.
According to People’s Democratic Party (PDP) President Tshering Tobgay, his party cleared the government loan of more than Nu 20 million.
“The funds have come from all allowable sources,”Tobgay told the Kuensel.
Tobgay also clarified that the party was able to raise that sum from its members. The party has around 250 registered members throughout the country.
His basis was that such a huge amount of money came from general and annual membership fees, and generous contributions from some members.
“Political parties shouldn’t be permitted to take loans, especially since campaigning is financed by ECB,” Tshering Tobgay said. “Political parties must operate within their means. They should spend what they earn.”