Key Points
Chief Election Commissioner (CEC) Rajiv Kumar on Saturday stressed the importance of establishing a system to regulate "unaccounted" donations, while also safeguarding the privacy of donors and ensuring they are not subjected to harassment..
During a press conference, when questioned about electoral bonds, Kumar addressed the issue, saying, As far as electoral bonds are concerned, the Commission has always been in favour of transparency"..
In its landmark verdict on February 15, the top court had scrapped the Centre's electoral bonds scheme that allowed anonymous political funding, calling it unconstitutional" and ordered disclosure by the EC of donors, the amount donated by them and the recipients..
In compliance with the Supreme Court's order, the State Bank of India (SBI), the authorized distributor of electoral bonds, provided the data to the Election Commission on March 12..
On Friday, the Supreme Court reprimanded the SBI for failing to disclose the unique alphanumeric numbers associated with each electoral bond, which are crucial for matching donors with recipient political parties..
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