New Delhi, Apr 24: Alleging a scam in the electoral bonds scheme declared unconstitutional by the Supreme Court, a PIL on Wednesday urged the top court to
In the petition, the counsel for the petitioners, Prashant Bhushan Bhushan stated that the extent of the scam should not be judged solely based on the ₹16,500 crore figure which represents the funds collected by all political parties through electoral bonds. He pointed out that for every ₹1,000 crore of electoral bonds, companies purchasing these bonds have received contracts worth at least 100 times that amount., India News - Times Now
The plea, advocated by Prashant Bhushan, brings to light serious concerns over potential malpractices and illicit exchanges of favors through the electoral bonds system, - Newsx
Transparency activist Anjali Bhardwaj says that changes in the Companies Act made it easy for shell companies to donate large sums to political parties.
The finance minister, in an interview with the Hindustan Times, echoed the prime minister’s claim that the now-scrapped scheme had brought in transparency.