Indian politician meet with business man vector illustration. Despite companies in existence for less than three years not being allowed to make political contributions — even through the electoral bonds route — data shows that at least 20 such newly incorporated firms purchased poll bonds worth about ₹103 crore (Table 1). At the time when…
NEW DELHI: State Bank of India has refused to disclose the standard operating procedures (SOPs) issued to its authorised branches for sale and redemption of electoral bonds. In response to an RTI application, SBI has refused to share the information citing the “exemption” clause of the Right To Information Act. SBI has stated that the…
The State Bank of India has refused to share the SOPs it used for the electoral bonds scheme New Delhi: Weeks after it was pulled up by the Supreme Court on the electoral bonds issue, the State Bank of India has refused to reveal details of the Standard Operating Procedures issued to its branches regarding…
Congress names Digvijaya Singh from Rajgarh in Madhya Pradesh, Ajay Rai from PM Modi’s Varanasi seat in fourth list The Congress on Saturday announced 45 names in its fourth list of candidates for the Lok Sabha polls while one seat for the Rashtriya Loktantrik Party (RLP) in Rajasthan. Former Madhya Pradesh Chief Minister Digvijaya Singh…
NEW DELHI: AAP leader and Delhi minister Atishi Marlena on Saturday claimed that chief minister Arvind Kejriwal has been arrested solely on statement given by Sarath Chandra Reddy, owner of Aurobindo Pharma, who had donated crores to BJP through electoral bond.The Aam Aadmi Party further claimed that Reddy was later released on bail on May…
NEW DELHI: Civil society activists who challenged the poll funding scheme in Supreme Court on Friday demanded that an independent probe be conducted through a special investigation team into the nexus of corruption through electoral bonds.Addressing a press conference at the Press Club of India, following Election Commission making public data on electoral bonds, senior…
VIJAYAWADA: Jana Sena, led by actor-turned-politician Pawan Kalyan, received Rs 24.3 crore from electoral bonds. Most of the funding to Jana Sena was done in recent months. Jana Sena is the youngest among prominent political parties in Andhra Pradesh. Founded just before the 2014 elections, Jana Sena contested polls five years later, in 2019. It…
BENGALURU: Karnataka-based Janata Dal (Secular) received Rs 41 crore through electoral bonds. In a clear indication that companies and individuals bought EBs more for the party in govt, JD(S) received as much as 40% (or Rs 35.5 crore of the Rs 89.8 crore in donations it got over the past six years) between May 2018…
Who bought electoral bonds for whom – that is the question. But answers are available only for EBs purchased after April 12, 2019, although GOI notified the EB scheme on Jan 2, 2018, and the first tranche of EBs were sold between March 1 and March 10, 2018.Why? Because SC said so – but there’s…
File picture of BJP National President J.P. Nadda | Photo Credit: ANI BJP national president J.P. Nadda has said that the Congress is “blaming their irrelevance on financial troubles” in a retort to the opposition party, after its leaders held a press conference to allege that a systematic effort was under way by Prime Minister…
