Thirty-three companies which had negative or near zero profit after tax donated to the ruling party The sources of funds of at least 45 companies that donated electoral bonds to various political parties (and whose financials could be matched with data from the CMIE Prowess IQ Database) are found to be suspect based on a … Read more
JD(S) state president H.D. Kumaraswamy addresses a press conference in Bengaluru, March 15, 2024. | Photo Credit: The Hindu On Sunday, the Election Commission of India disclosed new documents listing the corporations and individuals who contributed to the Janata Dal (Secular) party in Karnataka before April 12, 2019, via the electoral bond route. The documents … Read more
Finance Minister Nirmala Sitharaman, speaking at the ET Awards 2023, responded to criticism of Electoral Bond Data. Sitharaman rejected the idea that there was a direct correlation between the Electoral Bond data and the ED investigations, stating that it is not fair to assume that every person visited by the ED later came forward to … Read more
