The State Bank of India (SBI) said on March 21 it has released all information related to the electoral bond scheme, including the unique numbers, to the Election Commission of India (ECI). This follows the Supreme Court’s directive to the SBI to do so earlier this week.
Each electoral bond has a unique number, which connects the purchaser of the bond to the party that encashed it. The names of purchasers and parties involved were already released to the public on March 14, in two separate lists.
Using the unique numbers of each bond, The Hindu has matched the name of the purchaser to the party that encashed it.
Electoral Bond full list
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The SBI said it has not made public the Know Your Customer (KYC) details of the donors and political parties for “cyber security reasons”. It has also not made public the complete account numbers for similar reasons. Other than these details, all other information has been disclosed, the SBI said in the compliance affidavit published on Thursday.
“It is respectfully submitted that SBI has now disclosed all details and that no details (other than complete account numbers & KYC details) have been withheld from disclosure in terms of the directions contained in the judgment dated February 15, 2024 read with order dated March 18, 2024 passed by this court,” the affidavit said.
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Back on February 15, the court had mandated that the SBI furnish the ECI with comprehensive information. This includes the purchase dates, purchasers’ names, bond denominations, and redemption details for political parties, including encashment dates and bond denominations.
“But the bank has not disclosed the (unique) numbers of the bonds purchased and encashed. Why?” Chief Justice of India D.Y. Chandrachud, heading a five-judge Constitution Bench, had asked during a special hearing earlier in the week.
(with inputs from PTI)
