Priyanka Gandhi at Saharanpur roadshow

Congress leader Priyanka Gandhi Vadra on Wednesday said those ruling the country are not worshippers of “satya (truth) or Maa Shakti but only of satta (political power)”. Priyanka was speaking during her first roadshow in Uttar Pradesh in support of Imran Masood, the INDIA bloc candidate from Saharanpur, hours before campaigning for the first phase … Read more

PM Modi guilty of bald-faced lie, taking credit for bonds disclosure: Ramesh

And in an interview to ANI released today, Modi claimed “when electoral bonds were in use, the public had access to the money trail — which company donated, to whom they donated, and how they donated.” At the end of October 2023, in a statement filed before the Supreme Court in the electoral bonds case, … Read more

SBI refuses to disclose electoral bonds’ details under RTI Act

“Information sought by you contains details of purchasers and political parties and hence, cannot be disclosed as it is held in fiduciary capacity disclosure of which is exempted under sections 8(1)(e) and (j) of the RTI Act,” the response furnished by the central public information officer and deputy general manager of the SBI said on … Read more

Electoral bond scheme deliberately muddied waters of corporate political donations: Congress

The electoral bond scheme got rid of the provision which limited corporate donations to 7.5 per cent of their average net profit during the previous three years, he said. It introduced complete anonymity for donors, preventing public oversight of donations. The prohibition on companies less than three years old was one of the last few … Read more

7 pharma groups accused of dicey drugs donated 1,000 crore

Pharmaceutical companies have bought electoral bonds worth around Rs 1,000 crore, with the lion’s share of these contributions going into the BJP’s kitty. Seven of these companies were being investigated for poor quality drugs when they purchased these electoral bonds. These include Hetero Labs and Hetero Healthcare, which bought Rs 60 crore worth of bonds … Read more

Dhruv Rathee Exposes Electoral Bond Scam

It was the people’s money, he emphasises, that was given away by the BJP government to the donors. Why would companies buy bonds worth several hundred crores and donate to political parties? As answer, Rathee cites the example of the Kaleshwaram irrigation project in Telangana-Andhra Pradesh at an estimated cost of Rs 81,000 crore. The … Read more

Congress calls electoral bonds “pre-paid, post-paid” bribe scheme

“Out of the total Rs 543 crore donations by shell companies, the BJP alone received Rs 419 crore from 16 shell firms,” Jairam disclosed. Analysis of data released by the Election Commission of India indicates that the ruling Bharatiya Janata Party received Rs 6,060 crore in electoral bonds since April 2019. Among the 487 donors, … Read more

SC issues notice to SBI for not disclosing bond numbers

The Supreme Court said on Friday, 15 March that the State Bank of India (SBI) should have disclosed the unique alpha-numeric numbers of the electoral bonds received by political parties and sought the bank’s response. A five-judge Constitution bench headed by Chief Justice D Y Chandrachud, which was hearing an application filed by the Election … Read more

Billionaire Tycoons and Lesser-Known Entities Among Electoral Bond Buyers

The ECI has put the details on ‘Disclosure of Electoral Bonds Submitted by SBI’ in two parts — one listing the buyers and the other listing the beneficiary parties. In an affidavit filed before the Supreme Court, the SBI said a total of 22,217 electoral bonds of varying denominations were purchased by donors between 1 … Read more

SBI submits electoral bond details to Election Commission

The SBI had yesterday sought an extension of the deadline till 30 June for the disclosure of the required details. Its plea, however, was rejected by the apex court, which asked the bank to submit all details to the Election Commission by the close of working hours on Tuesday. In denying the extra time sought, the … Read more