On March 15, The Hindu reported that many top purchasers of electoral bonds had also been under the Enforcement Directorate’s (ED) or the Income Tax (I-T) Department’s scanner at some point in the last five years. Of the six firms so listed, some had purchased all the bonds in the days following the searches while others had purchased a significant amount much later. A closer look at the electoral bond data released indicates more companies — including many pharmaceutical ones — purchased bonds as well as were at the receiving end of ED/I-T and/or other regulatory action.
Complete coverage | Making sense of the electoral bonds data
