Page 11 - TIE 082021

NATION AUGUST 20, 2021 | The Indian Eye 11

millions of rupees to the party. third parties. ence of the central government, corporations, who donate this
And in exchange, the party gives Ghulam Nabi Azad, leader meaning BJP. amount of money to the party?
them tickets for elections or of the opposition, alleges that In this situation where ev- Furthermore, according to
supports them in political and the biggest concern over the ery year the donations received the recent analysis of donations
governmental matters. scheme is the anonymity of the by the BJP incredibly increase by ADR a non-profit organiza-
The criticism over the scheme donor. Only the State bank has and the opposition’s decreases. tion, there are clear indications
and recent fraud allegations. the information of the contrib- Why would they want to reveal of fraud in the Rs2,550 crores
Where the Electoral Bond utors, and it is under the influ- the names of those people and money donated solely to BJP.
Scheme (EBS) got full support The authorities couldn’t trace a
from BJP, many national insti- large portion of that money re-
tutions and political parties in- ceived by the BJP through 2019-
cluding the Reserve Bank of In- 20 electoral bonds.
dia, Election Commission, and Last year in March also the
Congress have severe concerns Association of Democratic Re-
over the scheme. forms, found that 67% of the
According to critics, the money donated to the political
scheme might have stopped the parties through electoral bonds
flow of black money, but it has were from “Unknown Sources”.
opened a wide door to mon- After the release of the re-
ey Laundering. According to cent data, the Election Commis-
officials of the Association for sion and Reserve Bank of India
Democratic Reforms (ADR), have once again expressed their
this scheme has practically legal- concerns over the continuation
ized money laundering. Under of Electoral bonds. ADR has
this scheme, now, anyone can also filed a petition against the
easily launder their black mon- Congress supporters hold national flags during a Tiranga March organised electoral bonds in the Supreme
ey to foreign countries through by all india Congress Seva Dal at india Gate, in new Delhi on Friday. (ani) court, which is still pending.

www.TheIndianEYE .com