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The petition by the Centre for Public Interest Litigation and Common Cause states that large donations to political parties through electoral bonds by loss-making and shell companies with unknown sources of funds need to be investigated.
The petition claimed that the EB data shows the bulk of these were given as “quid pro quo” arrangements by corporates to political parties | Latest News India
The bulk of the donations to political parties have been given in exchange of favourable policies and stalling investigations, the petition claimed.
The public sector lender was responding to RTI activist Commodore (retired) Lokesh Batra, who sought complete disclosure on electoral bonds data in the digital form, as provided to the poll body after the top court's order.
Last month, the special court had dismissed Santiago Martin's application for keeping in abeyance the present trial until the predicate (main) trial in an alleged lottery scam case concluded.