Electoral Bonds data: Allegations of top donor firms ‘winning’ govt projects surface
Also Read: Catch Electoral Bonds Data Live updates As soon as the list was published, allegation of Quid pro quo surfaced with opposition parties alleging link between top donor companies and Bharatiya Janata Party (BJP). Congress leader Jairam Ramesh alleged that “immediately after receiving some handouts from the Central government, companies have repaid the favour through electoral bonds." On Thursday, Supreme Court advocate Prashant Bhushan too alleged quid pro quo. He took to microblogging site X to write, “On 11 April 23, Megha Engineering gives 100s Crs in #ElectoralBonds to whom? But within a month it gets a 14,400 cr contract from BJP’s Mah govt! Though SBI has hidden Bond numbers from the info, some of donors & parties match can be guessed.
Most donations seem a quid pro quo" (Please Note: The data published does not reveal any relation between donor companies and political parties) Here's what opposition is saying companies bagged ‘lucrative deals’ after donating thousands of crores to political parties. A Hyderabad-based company, Megha Engineering is also the winner of prestigious Zojila tunnel, an all-weather road tunnel in Jammu and Kashmir, deal among other projects. Megha Engineering is also the second largest donor to political parties using electoral bonds.
Jairam Ramesh alleged, “Megha Engineering & Infra has given over Rs. 800 crores in EBs. In April 2023, they donated Rs.
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