Electoral Bonds case: EC moves application seeking modification of SC judgment
Bar and Bench reported. The Supreme Court will now the matter regarding the compliance with its orders in connection with electoral bonds case. While scrapping the Centre's Electoral Bond scheme, the Supreme Court had asked the State Bank of India (SBI) to furnish details of the electoral bonds to the Elections Commision.
It had also directed the Election Commission to disclose electoral bonds data by March 13. Partially complying with the Supreme Court's order, the SBI submitted electoral bonds data to the Elections Commission on March 12. The Election Commission then published the data on its website on March 14.
The Election Commission said on Thursday that it had, in compliance with the Supreme Court's directions, uploaded the data on electoral bonds on its website as received from SBI on "as is where is basis". On March 13, the SBI said that the data has been furnished in respect of bonds purchased and redeemed between April 12, 2019 to February 15, 2024. “A total of 22,217 bonds were purchased during the period April 1, 2019 till February 15, 2024," the SBI told the Supreme Court.
The SBI informed that from April 12, 2019 to February 15, 2024, total number of electoral bonds purchased 18,871 and total number of bonds redeemed were 20,421, news agency PTI reported. The electoral bonds scheme had allowed for anonymous funding to political parties. (With inputs from agencies) Milestone Alert!
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