Electoral bonds: Donor-party link public after SC push
9 months ago

Electoral bonds: Donor-party link public after SC push

Hindustan Times  

The Election Commission of India on Thursday released State Bank of India data listing the unique serial number linked with each electoral bond and other details about beneficiaries and donors, allowing the matching purchasers of bonds with the political parties that received the funds. Under the 2018 EB scheme — which was quashed by a Constitution bench of the Supreme Court on February 15 because it completely anonymised contributions made to political parties -- each electoral bond is imprinted with a unique number that can assist in tracking the issuance and redemption of bonds, and in tracing the bond back to the purchaser. Complying with this direction, the SBI chairman Dinesh Kumar Khara filed his affidavit on Thursday afternoon, stating that “SBI has now disclosed all details and that no details have been withheld from disclosure.” Details of purchaser furnished to ECI on Thursday include EB’s serial number and URN number, bond number, journal date, date of purchase, date of expiry, prefix, name of the purchaser, denomination, issue branch code, issue teller and status. The information about redemption by political parties, the affidavit said, includes EB serial number, date of encashment, name of the political party, last four digits of the account number, prefix, bond number, denomination, pay branch code and pay teller.

History of this topic

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