After the State Bank of India (SBI) asked the Supreme Court for more time to produce information about electoral bonds that were redeemed by political parties, the opposition has aimed at both the ruling Bharatiya Janata Party (BJP) and the lending institution. This comes after the SBI requested further time from the Supreme Court.
An individual who is a member of the Congress party, Manish Tewari, has expressed his disapproval of the State Bank of India (SBI) for requesting an extension of time to provide information concerning electoral bonds. Furthermore, he encouraged the Supreme Court to take a forceful stand against the “chicanery” that was being committed by the bank.
In the days leading up to the General Elections, it is of the utmost importance that citizens are aware of who received what from whom and whether or not there was any prima facie quid pro quo involved. Tewari believes that the Supreme Court ought to issue an order that lifts the corporate veil that is placed above special purpose vehicles (SPVs) which are known as electoral trusts. This is something that Tewari believes should be done.
It was a “last-ditch attempt” to cover Prime Minister Narendra Modi's “real face” before the Lok Sabha elections had taken place, according to Rahul Gandhi, the leader of the Congress party. He referred to it as such.
Gandhi stated the following in a post that was published on X in Hindi: “Narendra Modi has put his entire force to hide the ‘donation business.'” These words were uttered by Gandhi.
“When the Supreme Court has stated that it is the right of the people of the country to know the truth about electoral bonds, then why does the SBI not want this information to be made public before the elections?” According to the former head of the Congress.
It was typical of Mahua Moitra, the leader of the Trinamool Congress, to dissect the “bond” that existed between the state lender and Prime Minister Narendra Modi. She did this in a manner that was representative of her venomous nature.
In this context, the fact that the Supreme Court ordered the disclosure of the electoral bond is irrelevant. The fiery leader made this statement in a post that was published on X, which was formerly known as Twitter. He claimed that the only significant connection is the one that exists between SBI and Modiji.
According to Abhishek Manu Singhvi, a senior barrister and leader of the Congress party, the State Bank of India (SBI) was accused of purposefully delaying and inhibiting disclosure in its petition to the Supreme Court. This accusation was made in conjunction with the SBI's appeal.
On the day when the Supreme Court made its verdict about electoral bonds, I had predicted that the government and the SBI would stall, deflect, and digress in disclosing specifics. I was correct in my prediction. Because the opposition wanted to make the revelation of details a big electoral issue, the State Bank of India (SBI) has launched whataboutery to avoid disclosure, particularly before elections. This was proved today. A comment that Singhvi had made was published by X.
Sitaram Yechury, the General Secretary of the CPI(M), has expressed “suspicious apprehensions” regarding the action taken by the State Bank of India (SBI).
During a post that he made on X, Yechury voiced his belief that “this would be a travesty of justice.” Is the State Bank of India (SBI) requesting an extension until after the general elections to protect Prime Minister Narendra Modi and the Bharatiya Janata Party (BJP) from the exposure of the ‘quid pro quo' that was witnessed by the Honourable Supreme Court?
The contentious electoral bonds scheme was discontinued by the Supreme Court because it violated the right of citizens to obtain information. This caused the program to be deemed unconstitutional. It was ordered by a Constitution Bench comprising five justices that the State Bank of India (SBI) should stop issuing these bonds and that it should supply the Election Commission (EC) with information regarding donations that were made through this method. Following that, the entity in charge of conducting the polls was given the directive to publish this information on its website by the thirteenth of March.