Electoral Bond Scandal 2024: Opposition Calls for Probe as BJP Dominates Donations

NEW DELHI: A day after the Election Commission announced details of electoral bonds, opposition parties turned their guns on the Bharatiya Janata Party, which has received over 50% of the total donations received by political parties since 2019. It received Rs.60.5 million. The Congress on Friday claimed that the electoral bond data has exposed “corrupt tactics” of the Bharatiya Janata Party, including: Examples include consideration, solicitation of donations to protect the company, bribery and money laundering through shell companies. Congress president Mallikarjun Kharji has called for a special investigation and said the Bharatiya Janata Party’s bank accounts should be frozen until the probe is completed. “The Bharatiya Janata Party raised millions of rupees from electoral bonds.

The Congress received the donations but our bank accounts were seized,” Kharge said. He added: “If the bank accounts of opposition parties are frozen, how will they fight elections and where will there be a level playing field?” Kharge also harshly criticized Prime Minister Modi, saying, “Prime Minister Modi said, ‘Na kaunga, na kaan dunga.’ Now it has come to light that the Bharatiya Janata Party was receiving funds from electoral bonds. Na kaunga, na kaung dunga, saaf meri party, ko kiraunga sab.’

Whatever Prime Minister Modi does, he is doing it in the interest of himself and the party. ” Shiv Sena (UBT) leader Sanjay Raut has accused the Bharatiya Janata Party of being one of the main beneficiaries of electoral bonds bought by gambling companies. He alleged that the Bharatiya Janata Party was involved in the “biggest scam in the country”. “Betting companies buy electoral bonds, which are then deposited into the ruling party’s bank account. Mega Engineering has secured numerous contracts, in return buying millions of electoral bonds and transferring the funds to the Bharatiya Janata Party’s bank accounts.

There are many such companies whose funds were purchased with electoral bonds and transferred to political parties. “This is the biggest scam in the country,” Raut said. Tamil Nadu Congress Committee (TNCC) Chairman K. Selvaperunthagai on Friday said the funds received by the Bharatiya Janata Party through electoral bonds are the biggest scam since independence. Giving details of companies that have donated to the BJP, Selvaperunthagai said Qwik Supply Chains Pvt Ltd has donated Rs 400 million to the BJP, but the company’s annual turnover is only Rs 500 million.

Similarly, Future Gaming and Hotel Services Pvt Ltd donated Rs 1,386 crore to the BJP, but the company’s turnover is only Rs 50 billion. “How can a company with a turnover of Rs 500 crore donate Rs 1,386 crore? Prime Minister Narendra Modi should respond to this.

Annamalai, the traitor of Tamil Nadu, should respond to this,” Selva said. Peruntagay said, also expressing doubts that this was money laundering. Earlier today, Finance Minister Nirmala Sitharaman dismissed opposition claims, saying big “assumptions” were made after the release of data on the electoral bond system, and while the system may not be perfect, it is “slightly better”. than the current political funding system, which is admittedly “totally imperfect.” Sitharaman also dismissed any link between the Center attacks as a “hypothesis”.

Investigators are investigating the companies and their subsequent contributions to electoral bonds. Hitting back at Sitharaman, Congress general secretary Jairam Ramesh said, “We demand complete disclosure of who donated how much to which party.” “The finance minister said the link between raids on companies by ED/CBI/IT and subsequent donations to the BJP is based on “hypothesis”. If these ‘assumptions’ are not true, we demand that the complete data be made public.”

`Who donated how much to which political party? This will end the debate once and for all,” Ramesh said. “The finance minister must remember that he is responsible for both the State Bank of India, which controls the electoral bond scam, and the enforcement agency, which implements the Pradhan Mantri Hafta Vasli Yojana,” Ramesh said. I mentioned it in a post. Rajya Sabha member Kapil Sibal described the electoral bond system as a “fraud on a very large scale” and called for a special investigation team of state elected officials to investigate allegations of kickbacks and related irregularities. SIT) was requested.

Sibal, a senior lawyer who is leading arguments for the appellants in the Supreme Court case over electoral bonds, told a news conference there that the system was “illegal” and that it had strengthened one party to the point that no other party could match. He claimed that his purpose was to enrich himself.

And Attacking the Bharatiya Janata Party-led Center on the issue, Sibal said, “This plan was started by our former finance minister (Arun Jaitley), a party that cannot work with us (Bharatiya Janata Party) in this way. “I thought we couldn’t compete,” he said. And he was right. Anyone with money can play the game. ” The Rajya Sabha lawmaker said there is a need to investigate which political parties received how much donations.

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