[Marxistindia] Pattern of Electoral Bond Funding Exposed

news from the cpi(m) marxistindia at cpim.org
Fri Mar 15 15:35:10 IST 2024


March 15, 2024

Press Statement

 

The Polit Bureau of the Communist Party of India (Marxist) has issued the
following statement:

 

Pattern of Electoral Bond Funding Exposed 

 

The Polit Bureau of the CPI(M) welcomes the further direction of the Supreme
Court to the State Bank of India for making the alphanumeric code of
electoral bonds available towards disclosure of contributor - recipient
identity. This underlines the fact that there are efforts to undermine the
verdict of the Supreme Court on making funding to political parties more
transparent for citizens.  

Since the available data has been uploaded by the Election Commission on its
website yesterday, efforts are on to analyze the data and it may take some
time for the full impact to be understood. However, even the preliminary
analysis shows instances of both quid pro quo and using agencies like the ED
to forcibly extort funds from corporates through bonds.

The CPI(M) urges all political parties, groups and people interested in the
future of democracy to protest and resist such brazen attempts at subverting
electoral democracy. 

 

 

(Muralidharan)

For CPI(M) Central Committee Office

 

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