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SC directs SBI to disclose full electoral bonds data by March 21

by Blitz India Media
March 18, 2024
in News
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Supreme Court
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Team Blitz India

NEW DELHI: The Supreme Court on March 18 directed the State Bank of India to disclose all details related to the electoral bonds which allowed individuals and companies to make donations to political parties.
“SBI Chairman is required to file an affidavit after declaring all details of the bonds by 5 pm, Thursday, March 21, stating it has not suppressed any details,” the Supreme Court ordered.

SBI is required to disclose all details including alphanumeric number and the serial number of bonds, if any purchased or redeemed, the Supreme Court pronounced adding that the Election Commission shall publish the details forthwith on their website after receiving from SBI.

“The judgement was clear that all details need to be disclosed…don’t be selective,” Chief Justice of India DY Chandrachud said, asking to ensure that nothing had been suppressed.

“We want all information related to the electoral bonds to be disclosed which is in your possession. We are presuming you are not appearing here for the political party,” the Chief Justice added.

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