India

Unidetified Donor Donated Rs.10 Crore; Claims JDU

The Janata Dal (United), or JDU, informed the Election Commission that it did not know the identity of the donor or donors who gave the party electoral bonds valued at ₹10 crore. It claimed that in April 2019, “someone” gave the party a sealed envelope containing ten bonds, each worth ₹1 crore, which it cashed in a matter of days.

The political parties’ sealed disclosures regarding the electoral bonds they redeemed between March 2018 and November 2023 were made public by the poll panel on Sunday. The party led by Nitish Kumar claimed to have received donations totaling ₹13 crore through electoral bonds in its response, which was turned in on May 30, 2019. It did, however, add that it lacked information about the donor or donors who contributed bonds totaling ₹10 crore.

“Somebody came to our office on 03-04-2019 at Patna and handed over a sealed envelope and when it was opened, we found a bunch containing 10 electoral bonds of ₹1 crore each. Accordingly, as per Gazette Notification of the Govt of India, we opened an account in SBI main branch, Patna and deposited it, which was credited to our party account on 10-04-2019. In view of this situation, we are unable to provide any more details about the donors,” the JD(U) said in its disclosure.

The JD(U) stated that it was given the remaining ₹3 crore in three bonds: one ₹1 crore from Bharti Airtel and two ₹1 crore bonds from Shree Cement Limited, which is based in Ajmer.

Also Read: Election Commission Releases Second List Of Electoral Bonds Data As Directed By Supreme Court

Srishti Verma

Recent Posts

SolitAir Holding To Invest $25 Million In India; Expands Cargo Operations

Dubai-based SolitAir Holding plans to invest $25 million in India's cargo market in its first…

12 mins ago

Nippon Paint Eyes India’s Growth Potential, Plans Expansion And Acquisitions

The company, with a $400 million business in India, plans fresh investments and increased hiring.…

22 mins ago

London Unveils GBP 27 Billion Growth Plan, India Leads In FDI

India has become London’s top foreign direct investment (FDI) source, overtaking the US in 2022-23…

44 mins ago

Jammu & Kashmir’s Transformation: Boosting Growth Through Infrastructure

Jammu & Kashmir is witnessing a transformative shift with infrastructure and connectivity projects aimed at…

4 hours ago

Indian Railways Sees Rise In Women Participation; Workforce Share Hits 8.2%

Indian Railways has seen a steady increase in women participation, with their workforce now making…

5 hours ago

Private Sector Boosts ‘Make In India’ With Tejas Rear Fuselage Production

Private sector delivers first rear fuselage for Tejas Mark-1A to HAL, marking a key 'Make…

5 hours ago