X: @the_news_21
The State Bank of India (SBI) has provided details of electoral bonds to the Election Commission on Tuesday, following a directive from the Supreme Court. This action comes after the apex court rejected SBI’s plea for an extension of the deadline to disclose electoral bond information.
In compliance with the Supreme Court’s instructions outlined in its orders dated February 15 and March 11, 2024 (in the matter of WPC NO.880 of 2017), SBI has submitted electoral bond data to the Election Commission of India. The Election Commission made this announcement on the social platform X.
The Supreme Court bench, led by Chief Justice D Y Chandrachud, dismissed SBI’s plea on Monday, rejecting the request for an extension of time until June 30 to disclose electoral bond details. Instead, the bench directed the Election Commission to publish the shared information on its official website by March 15, 5 p.m.
The apex court’s ruling stated, “In view of the above discussion, the miscellaneous application filed by SBI seeking an extension of time for the disclosure of details of the purchase and redemption of electoral bonds until June 30, 2024, is dismissed.”
Opposition parties, including the Congress, welcomed the Supreme Court’s decision to reject SBI’s plea. Congress chief Mallikarjun Kharge expressed satisfaction with the order, stating, “With the Supreme Court’s decision, the country will soon come to know who donated to the BJP through electoral bonds. This is the first step in exposing the corruption, scams, and transactions of the Modi government,” in a post on social platform X.
The disclosure of electoral bond details is expected to shed light on political funding and contribute to transparency in the electoral process, a crucial aspect of democratic governance.
Also Read: Retail Inflation Holds Steady at 5.09% in February, Government Data Shows
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