The Supreme Court has refused any interim stay on the electoral bond scheme and directed all parties to submit details of political funding to the Election Commission in “sealed covers”.
The court’s interim order, asked political parties to give details of donors who donated through electoral bonds, the amounts received from them, the details of payment received on each bond etc., to the Election Commission by May 30.
The top court was hearing pleas by the CPI(M) and the NGO, Association of Democratic Reforms (ADR) challenging the scheme. Appearing for petitioner ADR, advocate Prashant Bhushan had earlier said that according to the Election Commission figures, bonds worth Rs 210 crore of the total Rs 221 crore purchased had gone to the BJP.