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Electoral Bonds: Trouble for BJP? SC Tells Political Parties to Give Details of Donors

The Modi govt had argued in court that "It is not voter’s concern to know where the money comes from."

In a setback to the Bharatiya Janata Party(BJP) government at the Centre, the Supreme Court on Friday, April 12 directed all political parties to furnish receipts of electoral bonds to Election Commission.

In a blow to the Modi government which introduced the electoral bonds scheme, the SC has also directed all political parties to give details of identity of donors, amount in account of donors by May 30 in sealed cover. The Modi govt had argued in court that the identity of donors of political parties should not be disclosed.

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Attorney General KK Venugopal had gone as far as to say that “It is not voter’s concern to know where the money comes from. Transparency cannot be looked as a mantra,” reported LiveLaw.

A Bench of Chief Justice of India Ranjan Gogoi and Justices Deepak Gupta and Sanjiv Khanna said that it would examine in detail changes made in law and ensure balance does not tilt in favour of any party.

The court ordered that the details of funding received through electoral bonds shall be kept in sealed cover by EC also till further orders.

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The apex court has also directed Finance Ministry to reduce window of purchasing electoral bonds from 10 days to five days in April-May.

The BJP has benefitted the most from the scheme, receiving over 90 percent of total funds received by all national political parties. Civil society activists and opposition parties have opposed the scheme as ‘legalised corruption‘.

(With PTI  inputs)

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