'Breach of trust': Ex-finance secretary on SBI's electoral bonds move
India TodayFormer Finance Secretary Subhash Garg has suggested that the electoral bonds data released by the State Bank of India exposed a significant breach of trust. Speaking to India Today, the former Finance Secretary said, "The meticulously designed electoral bonds, meant to safeguard against any link between donors and political affiliations, did have an invisible alphanumeric code, not meant to be known even to the SBI itself. On February 15, the Supreme Court, while scrapping the electoral bonds scheme, ordered the SBI to disclose data regarding the denomination, date, and amount of each electoral bond by March 6. Sharing his views on this, Subhash Garg said, "The Election Commission of India may intervene to ensure complete transparency and a level playing field for all electoral bonds issued and deposited over the past six years, amounting to approximately Rs 16,200 crore by asking to disclose the alphanumeric codes of bonds issued before 12 April 2019."