Supreme Court says SBI has to issue unique ID numbers of electoral bonds

New Delhi: Where is the data of missing electoral bonds from March 2018 to April 2019? Congress questions

BY | Friday, 15 March, 2024

The Supreme Court of India on Friday said that State Bank of India has to disclose the unique bond ID numbers which will clearly tell exactly which donor gave money to which political party.

The Election Commission of India had on Thursday published the data relating to the now scrapped electoral bonds starting from April 2019 till January 2024 as disclosed by the State Bank of India in compliance with the Supreme Court’s orders.

According to the data, a total of 22,217 electoral bonds were bought during this period, of which Rs 6,060.51 crore or 47 per cent was received by the BJP. The second highest amount received by a political party is All India Trinamool Congress at Rs 1,609.53 crore. Third is Indian National Congress with Rs 1,421.87 crore and in the fourth place is Telangana’s Bharat Rashtra Samithi with Rs 1,214.71 crore.

According to the data disclosed by SBI, Future Gaming and Hotel Services Pvt Ltd, a company that was raided by the Enforcement Directorate, topped the list of donors with Rs 1,368 crore, followed by Megha Engineering and Infrastructure Ltd with Rs 966 crore.

Jairam Ramesh, Congress’ General Secretary (Communication), said on Friday that the Party will continue to demand for this unique bond ID numbers. Congress has also questioned the missing data on electoral bonds that were sold between March 2018 to April 2019. Rs 2,500 crores in bond were claimed to had been sold during this period of one year, 95 per cent of which had allegedly gone to the BJP.

Read more: Supreme Court declares electoral bonds ‘unconstitutional’, directs SBI to stops issuing them

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