Senior Congress leader and former I&B Minister Manish Tewari has slammed the SBI move seeking more time to disclose details of donors till June 30, 2024 . Taking to X, Tewari urged the SC to not allow SBI to get away with its chicanery of electoral bonds .
Supreme Court should not allow @TheOfficialSBI to get away with its chicanery on Electoral Bonds .
People before the General Elections must know who got what from whom & whether there was any prima-facie quid pro quo involved?
SC must order lifting of the corporate veil of…
— Manish Tewari (@ManishTewari) March 5, 2024
Earlier , State Bank of India has moved the Supreme Court seeking an extension of time till June 30 to disclose details of each electoral bond encashed by political parties. In its verdict last month, the top court directed the SBI to furnish the details to the poll panel by March 6.
In an application filed before the top court, State Bank of India (SBI) contended that retrieval of information from “each silo” and the procedure of matching the information of one silo to that of the other would be a time-consuming exercise.
The plea submitted that due to stringent measures undertaken to ensure that the identity of the donors was kept anonymous, “decoding’ the electoral bonds and matching donors to the donations made would be a complex process.