EC will disclose details of electoral bonds in time: CEC

Jammu, NT Bureau: Chief Election Commissioner Rajiv Kumar on Wednesday announced sharing details of electoral bonds “in time” and asserted that the commission believed in complete transparency.

The State Bank of India (SBI) has issued electoral bonds worth Rs 16,518 crore in 30 tranches since the inception of the scheme in 2018.

“The SBI was supposed to submit the data by March 12. They have given us the details in time. I will go back and look at the data (and) would definitely disclose it in time,” Kumar said.

The Supreme Court had directed SBI to submit the details of the electoral bonds purchased since April 12, 2019 to the EC. The SBI is the authorised financial institution to issue the electoral bonds.

According to the Supreme Court order, the Election Commission will have to publish the details shared by the bank on its official website by 5 pm on March 15.