Modi Government is using SBI to hide dubious dealings through electoral bonds: Mallikarjun Kharge

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Published March 5, 2024 at 4:26pm

    March 6th was the date given to SBI for releasing data

    SBI has asked for the deadline to be extended to June 30th

    why does the SBI then need 4 more months: Kharge

The State Bank of India asked the Supreme Court for an extension for the release of data pertaining to the sale and purchase of Electoral bonds. March 6th was the date given to SBI for this purpose. However, SBI has asked for the deadline to be extended to June 30th. Indian National Congress (INC) President Mallikarjun Kharge attacked the BJP over this development. “The Modi Government is using the largest bank of our country as a shield to hide its dubious dealings through Electoral Bonds. No less than the Supreme Court of India had struck down Modi Govt’s ‘Black Money Conversion’ scheme of Electoral Bonds, holding it “Unconstitutional”, “Violative of RTI” and “Illegal” and asking SBI to furnish donor details by March 6. But the BJP wants it to be done after Lok Sabha elections. The tenure of this Lok Sabha will end on 16th June and SBI wants to share the data by 30th June,” he stated on X. 


He also questioned the rationale for the delay and hinted at a cover up ahead of the 2024 Lok Sabha Election.  “Isn’t the Modi Govt conveniently hiding BJP’s shady dealings where contracts of highways, ports, airports, power plants etc were handed over to Modi ji’s cronies in lieu of these opaque electoral bonds? Experts say that the 44,434 automated data entries of donors can be divulged and matched in just 24 hours, why does the SBI then need 4 more months to collate this information,” he asked. 

Modi Government is using SBI to hide dubious dealings through electoral bonds: Mallikarjun Kharge

https://newsfirstprime.com/wp-content/uploads/2024/03/BeFunky-collage-2024-03-05T162430.057.jpg

    March 6th was the date given to SBI for releasing data

    SBI has asked for the deadline to be extended to June 30th

    why does the SBI then need 4 more months: Kharge

The State Bank of India asked the Supreme Court for an extension for the release of data pertaining to the sale and purchase of Electoral bonds. March 6th was the date given to SBI for this purpose. However, SBI has asked for the deadline to be extended to June 30th. Indian National Congress (INC) President Mallikarjun Kharge attacked the BJP over this development. “The Modi Government is using the largest bank of our country as a shield to hide its dubious dealings through Electoral Bonds. No less than the Supreme Court of India had struck down Modi Govt’s ‘Black Money Conversion’ scheme of Electoral Bonds, holding it “Unconstitutional”, “Violative of RTI” and “Illegal” and asking SBI to furnish donor details by March 6. But the BJP wants it to be done after Lok Sabha elections. The tenure of this Lok Sabha will end on 16th June and SBI wants to share the data by 30th June,” he stated on X. 


He also questioned the rationale for the delay and hinted at a cover up ahead of the 2024 Lok Sabha Election.  “Isn’t the Modi Govt conveniently hiding BJP’s shady dealings where contracts of highways, ports, airports, power plants etc were handed over to Modi ji’s cronies in lieu of these opaque electoral bonds? Experts say that the 44,434 automated data entries of donors can be divulged and matched in just 24 hours, why does the SBI then need 4 more months to collate this information,” he asked. 

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