Supreme Court dismisses SBI plea

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SBI seeks plea from Supreme Court to extend date till June 30 to disclose details of each electoral bond encashed by political parties before the scheme was scrapped last month till.

On behalf of SBI, advocate Harish Salve told the court that, “We knew that it was sensitive information. A physical procedure was devised. Only the bond number was cleared and the bond number was used for further purchases. And it was done to prevent gossip. I have the full detail of who donated through EB, which is in one silo, I also have the data of which political party uncashed, that is not a problem.”

The Supreme Court directed the SBI, under the scheme to submit by March 6 the details of the electoral bonds purchased from April 12, 2019, till date to the Election Commission, which was asked to publish the information on its official website by March 13.

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