Political events ship particulars of electoral bonds to Election Fee


A number of political events on Wednesday submitted to the Election Fee (EC) particulars of electoral bonds obtained and encashedby them for the reason that ballot funding mechanism was first issued in 2018, officers conscious of developments stated.

The BJP, folks conscious of the matter stated, despatched year-wise particulars of the electoral bonds it obtained and encashed between March 2018 and till September 30, 2023.

These events included the Bharatiya Janata Get together (BJP), Congress and Trinamool Congress (TMC), amongst others, the officers added.

Consistent with a November 2 order by the five-judge Structure bench of the Supreme Court docket, EC had instructed all political events to submit particulars of the electoral bonds encashed by them by 5pm on November 15. These particulars should be submitted to the Supreme Court docket in a sealed envelope by November 19.

“We’ve got obtained responses from some political events. Since we have now to submit our response to the Supreme Court docket on November 19, we’ll proceed to just accept responses from the events despite the fact that the deadline has handed,” a senior EC official stated on the situation of anonymity.

The BJP, folks conscious of the matter stated, despatched year-wise particulars of the electoral bonds it obtained and encashed between March 2018 and till September 30, 2023. A senior Congress official confirmed that the social gathering submitted the knowledge obtainable with it.

“We’ve got not taken any [electoral bonds] so there are not any particulars to submit. We’re the one political social gathering … that has filed [court] challenges to the electoral bond. The case has simply been heard,” stated Sitaram Yechury, the secretary common of the CPI(M).

“Trinamool Congress is a law-abiding social gathering. We observe the foundations however questions associated to the electoral bonds ought to be requested to the BJP which baggage 80% of the funds,” Trinamool Congress Rajya Sabha flooring chief Derek O’Brien stated.

In its November 3 order reiterating the court docket order, EC directed all political events to offer particulars of the donors towards every bond, “the quantity of every such bond and the complete particulars of the credit score obtained towards every bond, particularly, the particulars of the checking account to which the quantity has been credited and the date of every such credit score”.

Electoral bonds are bought 4 occasions a 12 months — January, April, July and October, and for one more 30 days within the 12 months common elections are held. They permit political events to just accept cash from donors whose identities are saved nameless. SBI is the only real authorised financial institution by the federal government to promote and redeem these bonds.



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