SNP dodges potential positive after submitting annual accounts with Electoral Commission

The SNP has filed its annual accounts with the Electoral Commission, which means it has prevented a possible positive for late submitting.

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The Electoral Commission, which regulates occasion and election finance, mentioned it had acquired the occasion's accounts on Friday earlier than the deadline.

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The physique requires political events to submit their accounts to the company by 7 July, or danger being fined.

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The SNP had beforehand warned the commission of the "difficulty" it was having to find new auditors after its earlier agency, Johnston Carmichael, resigned amid the recent controversy over the party's finances.

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The SNP then appointed AMS Accountants Group as its new auditors in May.

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It is known AMS Accountants Group has now accomplished accounts each for the occasion and for the SNP group at Westminster.

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The accounts are anticipated to be revealed by the Electoral Commission at a later date.

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Mr Yousaf admitted he was unaware of Johnston Carmichael's resignation till he turned occasion chief following Nicola Sturgeon's resignation.

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The appointment of a brand new auditor got here following an ongoing police investigation into the SNP's funding and funds, regarding the whereabouts of Β£600,000 raised by the occasion for independence campaigning.

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Read extra:Timeline of SNP's woesWho is at the centre of SNP investigation?

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The investigation reached a peak with the arrest and subsequent launch of Ms Sturgeon, who returned to Holyrood late last month "absolutely certain" that she had carried out nothing incorrect.

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"It's not been the best period in my life," she advised ready reporters.

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"It's not an easy period. I'm not saying that for sympathy… The thing that sustains me right now is the certainty that I have done nothing wrong."

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Stuart McDonald, an SNP MP, was appointed occasion treasurer following the resignation of his predecessor Colin Beattie, who was additionally arrested and released without charge as a part of the probe.

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Peter Murrell, the SNP's former chief government and Ms Sturgeon's husband, was additionally arrested and later released without charge.

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