Documents obtained under RTI also reveal that crucial discussions on allowing shell companies to secretly fund political parties were not officially recorded.
The ease with which the Narendra Modi government ignored apex institutions like the Reserve Bank of India, Election Commission of India, and even Parliament, intensifies the crisis facing the institutions meant to check the untrammeled power of the executive.
The Modi government claimed repeatedly that donors asked for electoral bonds due to fear of political retribution if they used transparent methods of funding. An RTI reply shows this was a lie.
The bonds worth Rs 10 crore were redeemed soon after the 2018 Karnataka state elections resulted in a hung assembly. The bonds had been purchased in a special sale window opened at the direction of Prime Minister Modi's office.
The State Bank of India (SBI) maintains a secret number-based record of donors who buy electoral bonds, and the political parties they donate to. Law enforcement agencies can request access to this record.
A confidential note reveals that finance ministry officials intentionally misled the Election Commission in an effort to dilute its opposition to the electoral bond scheme.
Former finance minister Arun Jaitley took just hours to dismiss the RBI's warning that electoral bonds could funnel black money into politics and destabilise the Indian currency, documents show.
Phone Stolen At Arun Jaitley's Funeral, Patanjali Spokesperson Quotes Badshah Song In Tweet To Delhi Police
SK Tijarawala claimed that he, Babul Supriyo and 9 others had their phones stolen at New Delhi’s Nigambodh Ghat
Posters remembering Jaitley have been put up on the roads leading to the Nigambodh Ghat, on the banks of the Yamuna river.
From the BJP headquarters, Jaitley's mortal remains will be taken to the Nigambodh Ghat on the banks of the Yamuna river for performing the last rites around 2.30 pm