TIMESOFINDIA.COM | Mar 14, 2024, 08.14 PM IST
NEW DELHI: The Election Commission on Thursday uploaded electoral bonds data as shared by the State Bank of India, on its website.
The State Bank of India (SBI) had submitted a compliance affidavit to the Supreme Court on Wednesday, confirming that it has provided the Election Commission of India (EC) with comprehensive details regarding the electoral bonds scheme.
SBI had furnished information including the date of purchase, the names of the purchasers, and the denominations of the electoral bonds.
Electoral bonds have been a subject of intense debate and scrutiny, as they are used by individuals and corporations to anonymously donate money to political parties.
The Supreme Court had earlier directed SBI to share detailed information with the Election Commission to ensure transparency and accountability in political funding. In addition to the details of the purchasers, SBI has also provided the EC with information regarding the date of encashment of the electoral bonds and the names of the political parties that received the donations.
This move is aimed at enhancing the transparency of political contributions and ensuring that the funds are traceable and accounted for.
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