Supreme Court Rejects SBI's Plea on Electoral Bonds, Congress Alleges Government-Corporate Nexus

Rahul Gandhi and Congress Leaders Condemn Modi Government's Transparency Stance

Mar 12, 2024 - 11:05
Supreme Court Rejects SBI's Plea on Electoral Bonds, Congress Alleges Government-Corporate Nexus

The Supreme Court's decision to reject the SBI's request to postpone the release of electoral bond data, according to Rahul Gandhi, will "expose the nexus between the Government and the corrupt industrialists and bring Modi's real face before the nation."

Rahul wrote on X, "Narendra Modi ke chande ke dhandhe ki pol khulne waali hai (Modi's donation racket is about to unravel)."


The chronology is clear: give alms, get business, and get protection (chando do, dhandha lo, protection lo). The Modi administration is generous to donors and imposes taxes on citizens.

Rahul continued, "The government that came to office on a platform of bringing illicit money from Swiss banks within 100 days flipped on its head and disguised its own bank's data.

"Electoral bonds will turn out to be the largest fraud in Indian history, revealing the connection between the government and dishonest businessmen and revealing Modi's true identity to the public."

"The SBI plea to seek four months to reveal the data on electoral bonds after a categorical Supreme Court order made it clear that the Modi government is desperately trying to hide its black deeds," stated Mallikarjun Kharge, the president of the Congress. However, the nation will soon be aware of the donor list, thanks to the Supreme Court's assurance. This will be the initial move in exposing the corruption and insider trading of the Modi administration.

Despite noting that "unfortunately, the country will still not know how a few select industrialists paid the Modi government for which projects and contracts," Kharge praised the Supreme Court's ruling as a triumph for accountability and transparency.

"Directives for that should also be passed by the Supreme Court. Ultimately, news stories have exposed the ways in which the BJP used income tax and the ED-CBI to siphon off funds from businesses.

"The judgement/order of the Supreme Court today is a tight slap on the SBI for its defiance of the earlier judgement/order of the Supreme Court," tweeted former finance minister P. Chidambaram. This stain was self-inflicted.

"SBI now has a chance to remove the stain and prove its worth thanks to the Supreme Court's ruling. I apologize to the SBI Chairman and the distinguished group of officers for putting themselves in this predicament.

Jairam Ramesh, the head of communications for the Congress, made fun of the Prime Minister for his professed commitment to fighting corruption.

"When it comes to the source of his chunavi chanda (poll donations), the man who once famously said, 'Na khaunga, na khane dunga (Won't loot, nor allow anyone to loot)' has been insistent on, 'Na bataunga, na dikhaunga (Won't tell, nor show)'," he said.

Ramesh claimed that the SBI was under pressure from the government to attempt and delay disclosing the electoral bond data until after the elections.

"We applaud the Supreme Court for recognizing the blatant dishonesty in the SBI's arguments. The Supreme Court's decision is only half the story; we would have preferred total transparency regarding the precise donors and their amounts to each political party. We nevertheless applaud this decision," he stated.

Except for the headline, this story has not been edited by Press Time staff and has been published from a syndicated feed.

Punam Shaw I am a versatile full-stack developer skilled in both front-end and back-end technologies, creating comprehensive web applications and solutions. I have done B.com in Accountancy hons.