HomeCURRENT AFFAIRSBUSINESSElectoral Bonds Data: SBI Under Fire! Supreme Court Issues Notice for Not...

Electoral Bonds Data: SBI Under Fire! Supreme Court Issues Notice for Not Disclosing Unique Numbers; Opposition Up In Arms

Supreme Court Notice, Election Commission Data, and Political Figures' Concerns: Unveiling the Controversy Surrounding Electoral Bonds

The Supreme Court issued a notice to the State Bank of India regarding the question of not disclosing the specific number of Electoral Bonds while hearing the case. They allowed the bank to return the collected Electoral Bonds data to the Election Commission of India. The Supreme Court instructed its registrar judicial to ensure that the documents are scanned and digitized. Once the process is complete, the original documents will be returned to the Election Commission, and the data will be uploaded on the website by or before March 17th.

Election Commission released the Electoral Bonds data

It is noteworthy that the Election Commission has complied with the time limit set by the Supreme Court and shared the information of Electoral Bonds received from SBI on its website. Importantly, the information has revealed several significant purchasers of electoral bonds, triggering a cycle of allegations and counter-allegations.

Kapil Sibal on Electoral Bonds

During a media interview, Kapil Sibal stated that just as in the 2G case where a Special Investigation Team (SIT) was formed, a similar SIT should be constituted to investigate this matter as well. He emphasized the need to see how the law views it now. It should also be determined who has donated to PM-CARES. This investigation is about finding out how much funding each party received.

Prashant Bhushan raised questions regarding Electoral Bonds

On his social media platform, Prashant Kishor wrote, “On 11 April 23, Megha Engineering gives 100s Crs in Electoral Bonds to whom? But within a month it gets a 14,400 cr contract from BJP’s Mah govt! Though SBI has hidden Bond numbers from the info, some of donors & parties match can be guessed. Most donations seem a quid pro quo.”

Asaduddin Owaisi Calls for Investigation

AIMIM President Asaduddin Owaisi wrote on his social media platform that Election Commission data shows how much money BJP received through secret Electoral Bonds. The papers had to be shown. The question is, if BJP has so much money, then why are their trolls receiving only ₹2 since 2014? This needs to be investigated.

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