Quid Pro Quo, Hafta Vasooli, Kickbacks and Money Laundering clearly visible in Electoral Bond

Pradeep Kumar Panda
Darshan Samikhya, Bhubaneswar

Quid Pro Quo, Hafta Vasooli, Kickbacks and Money Laundering clearly visible in Electoral Bond data revealed by SBI on Election Commission website. For example, a shell company Qwik Supply Chain Limited which has a meagre share capital of only Rs. 130 Crore as per Ministry of Corporate Affairs, have donated Rs. 410 Crore. This is money laundering through shell company.

Electoral Bond is biggest source of corruption and converting black money to white.

Over 1300 companies and individuals have donated electoral bonds contributing to over Rs. 6100 crore to BJP since 2019.

There have been numerous instances where companies have made significant donations through electoral bonds and received substantial benefits from the BJP Government.

For example, Megha Engineering & Infra contributed over Rs. 800 Crores and they were awarded the lucrative Rs. 14,400 Crore Thane – Borivali Twin Tunnel Project.

These instances raise concerns about the potential nexus between coporate donations and government Favours, casting a shadow over the transparency and integrity of the electoral process.

As scrutiny into the electoral bonds data persists, it is anticipated that more instances of corruption within the BJP’s funding mechanism will surface. All the parties, particularly BJP has to provide answer for all these corruptions through electoral bonds.