SC Directs SBI To Disclose All Details About Electoral Bonds By March 21

01:03 PM Mar 18, 2024 | G Plus News

 

GUWAHATI: The Supreme Court today directed the State Bank of India (SBI) to disclose all 'conceivable' details available with the bank regarding electoral bonds, including the alphanumeric number corresponding to each bond by Thursday, March 21.

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The apex court declared in its latest order, "...There is no manner of doubt that the SBI is required to furnish all details available with it. This, we clarify, will include the alphanumeric number and serial number, if any, of the bonds purchased. In order to avoid any controversy in the future, the chairperson of the bank should file an affidavit by 5 PM on Thursday that it has disclosed all details in its custody and that no details have been withheld."

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Earlier last week, the Chief Justice of India (CJI) DY Chandrachud had questioned SBI over not disclosing the bond numbers and sent a notice to the bank, after it only disclosed the details of the purchasers of the electoral bonds, and the names of the political parties who have encashed these bonds with the amount, without disclosing the bond numbers which would reveal who donated to which party. 

The SC had struck down the electoral bond scheme on February 15 deeming it unconstitutional and had directed the SBI to disclose all details of electoral bonds including the date of purchase/redemption, name of purchaser/recipient, and the denomination