Electoral Bonds Data Revealed HIGHLIGHTS: Oppn Parties Target BJP After Poll Body Releases Data

Electoral Bond Data Revealed HIGHLIGHTS: The ECI's release of electoral bond data from the SBI sparked a barrage of responses from political parties. Follow this space for all updates.

Background

Electoral Bond Data Revealed HIGHLIGHTS: Hello and welcome to this space brought to you by ABP Live. The ECI's release of electoral bond data from the SBI sparked a barrage of responses from political parties. Follow this space for all updates. In a significant step towards transparency in political funding, the Election Commission of India has uploaded data from electoral bonds issued by the State Bank of India. The details were uploaded on Thursday, one day before the Supreme Court's deadline. The data covers bond purchases ranging from ₹ 1,000 to ₹ 1 crore since April 12, 2019, and includes both individual and corporate purchases. The EC's website contains two lists. The first is a list of companies that purchased electoral bonds, along with their denominations and dates. The other includes the names of the political parties, the denominations of the bonds, and the dates on which they were cashed. There is no way to correlate the lists and determine which company or individual donated to which party. READ | SBI Electoral Bond Data: Here Is The List Of Top Donors To Political PartiesFuture Gaming and Hotel Services PR made the largest contribution through the method, purchasing bonds worth ₹1,368 crore. Megha Engineering And Infrastructures Limited ranked second, purchasing bonds worth ₹ 966 crore. Qwik Supply Chain Private Limited ranked third with ₹410 crore, followed by Vedanta Limited at ₹400 crore and Haldia Energy Limited at ₹377 crore.The Election Commission of India's release of electoral bond data from the State Bank of India sparked a flurry of reactions on social media, notably X. READ | 'One Donation. One Party': Oppn Takes A Jibe At BJP After Poll Body Releases Electoral Bonds DataDuring a hearing on Monday, a Supreme Court bench led by Chief Justice DY Chandrachud slammed the SBI for "wilful disobedience of its order" to hand over the data to the poll body by March 6. The court had ordered the SBI to submit the data to the Election Commission by Tuesday, warning that failure to do so would result in contempt proceedings. The court also ordered the bank's chairman and managing director to file an affidavit after the order was complied with.SBI, India's largest bank, submitted the data on Tuesday and filed the affidavit with the court the following day. The affidavit stated that 22,217 electoral bonds were issued between April 2019 and February 15, 2024, before the Supreme Court ruled the scheme unconstitutional and arbitrary.

15/03/2024 18:21:38

Himanta Says Will Take Legal Action Against Congress MP Over Electoral Bonds Claim

Assam Chief Minister Himanta Biswa Sarma said he would take legal action against Congress MP Pradyut Bordoloi for alleging that the state government signed a Memorandum of Understanding with a company that gave donation to BJP via electoral bonds. "The allegations levelled by Hon'ble MP Shri @pradyutbordoloi is devoid of any facts and are entirely baseless," Sarma posted on X.

15/03/2024 16:44:33

Akhilesh Slams BJP After Poll Body Releases Data

Hitting out at the BJP, SP chief Akhilesh Yadav posted on X, ""Electoral bonds are BJP's guarantee to convert black money into white. Electoral Bond ‘Black Money Tourism’ means the BJP's guarantee of black money brought back."

15/03/2024 14:15:08

Congress Party Accounts Have Been Frozen: Mallikarjun Kharge

15/03/2024 14:12:31

Here's What Congress President Mallikarjun Kharge Has To Say On Electoral Bonds

15/03/2024 13:42:10

Here's What Karnataka Deputy CM DK Shivakumar Has To Say On Electoral Bonds Data

15/03/2024 13:38:21

'BJP's Hafta Wasooli': Congress Slams Centre's 'Chanda Do, Dhanda Lo Policy' Using Electoral Bonds

Jairam Ramesh, Congress's general secretary, reiterated the party's call for distinct bond ID numbers to facilitate accurate tracking of donors and recipients. Ramesh shared his initial observations on the Electoral Bonds data in a post on X, pointing out the delayed release despite attempts to postpone it until after the election.

READ | 'BJP's Hafta Wasooli': Congress Slams Centre's 'Chanda Do, Dhanda Lo Policy' Using Electoral Bonds

15/03/2024 12:22:27

Here's What Congress Leader Manickam Tagore Has To Say On Electoral Bonds Data

15/03/2024 11:13:11

SC Asks SBI To Publish Electoral Bonds Data Establishing Link Between Political Parties

The Supreme Court on Friday takes an exception to the SBI not disclosing the unique numbers of the Electoral Bonds. The apex court issued notice to the SBI and sought its reply in the next hearing on Monday. The case was being heard by a five-judge bench led by Chief Justice Of India (CJI) D Y Chandrachud. 

READ | SC Asks SBI To Publish Electoral Bonds Data Establishing Link Between Political Parties

15/03/2024 12:55:17

Supreme Court Schedules Next Hearing For Monday

The Supreme Court has served a notice to SBI and awaits its response, with the next hearing set for Monday.

15/03/2024 10:54:08

Supreme Court Continues Electoral Bond Hearing; Election Commission's Submission Under Scrutiny

The Supreme Court probes the Election Commission's submission of pre-2019 political party donation details, while issuing a notice to SBI regarding the absence of bond numbers in the provided data. (Input from ABP News reporter Nipun)

15/03/2024 10:48:21

EC Says SBI Has Not Disclosed Numbers Of Electoral Bonds, Which It Had To Do

15/03/2024 10:45:06

Election Commission Urges Supreme Court To Return Electoral Bond Documents

The Election Commission of India seeks the return of Electoral Bond documents submitted to the Supreme Court in sealed cover on two occasions.

15/03/2024 10:26:50

Funding Details Of PM-CARES Should Also Be Investigated Now: Congress's Kapil Sibal

On the issue of electoral bonds, Rajya Sabha MP Kapil Sibal stated, "Just as in the 2G case, where a SIT was formed, a SIT should be formed in this case as well to investigate the matter. We'll have to see how the law interprets this now...It should also be determined who donated to the PM-CARES. It's up to investigators to determine which party received how much money."

15/03/2024 09:58:41

HUB, Pakistani Power Producer Registered In Delhi, Donated Approx 95 Lakh, Electoral Bond Data Reveals

Data from the Election Commission indicate that HUB Power, a Pakistani company registered in Delhi, donated approximately Rs 95 lakh to Indian political parties on April 18, 2019. (Input from ABP News reporter Ankit)

 

15/03/2024 12:55:03

Who Had Said, 'Na Khaunga Na Khane Dunga?': Here's What Kapil Sibal Has To Say On Electoral Bonds Data

15/03/2024 12:54:54

What List 2 Uploaded By ECI Tells About Electoral Bonds

The other has the names of the political parties as well as the denominations of the bonds and the dates on which they were encashed. 

15/03/2024 12:54:50

Take A Look At List 1 Uploaded By The ECI On Its Website

The EC's website has two lists. The first is of companies that purchased electoral bonds, along with the denomination and dates.

15/03/2024 08:57:13

Meet Santiago Martin, Labourer Turned Lottery King: The Highest Electoral Bond Donor

The Election Commission on Thursday released the roster of organisations that acquired electoral bonds for political contributions, following the State Bank of India's submission of details following the rebuke from the Supreme Court. The largest sum of donations came from a firm called Future Gaming and Hotel Services Private Limited, helmed by Santiago Martin, renowned as the "Lottery King".

READ | Meet Santiago Martin, Labourer Turned Lottery King: The Highest Electoral Bond Donor

15/03/2024 08:38:29

Here's How DMK Targeted BJP Over Electoral Bond Data

15/03/2024 08:29:17

Electoral Bond Data Revealed Updates: Oppn Parties Targets BJP After Poll Body Releases Data

The Election Commission of India's disclosure of electoral bond data provided by the State Bank of India has triggered a deluge of responses on social media platforms, particularly X (formerly Twitter). In a significant stride towards enhancing transparency in political funding, the details were made available on Thursday night, meeting the deadline set by the Supreme Court.

READ | 'One Donation. One Party': Oppn Takes A Jibe At BJP After Poll Body Releases Electoral Bonds Data