A smear campaign would be something like, getting a panel together to claim TOLO news or a member of Tolo wrote Sirajuddin Haqqani's NY Times piece. Oops.
As for funding...
That is problematic for several reasons, firstly it raises perceptions of bias when the whole projected is funded by a foreign govt, secondly...
He has successfully overturned govts he disagrees with. Latest was the Turnbull govt in Australia.
The alternatives are either govt mouthpieces or private conglomerates pursuing 'hidden' agendas.