Finance Minister Nirmala Sitharaman on March 15 dismissed suggestions that electoral bonds were purchased by many corporates to “save themselves” from investigative agencies’ probes, arguing there is a probability that these bonds had been either transferred to regional parties or were donated to the ruling party before the said probes began.
Speaking at The India Today Conclave 2024, Ms. Sitharaman said it was a “huge assumption” that the money was given by firms after an Enforcement Directorate (ED) search. She was responding to a query whether bond purchases by 14 of the top 30 corporate electoral bond purchasers revealed so far, could be construed as a form of “protection” from probes they faced by some investigative agency.
Electoral bonds data | Full list of donors and recipient political parties
.png?w=600)
