Meet the Top 10 Purchasers Of Electoral Bonds (image-pixabay)
The Election Commission has published the detailed data of the electoral bonds on its website, sourced from the State Bank of India (SBI). The Supreme Court has earlier given the verdict to reveal the information regarding electoral bonds. After releasing the data, the Supreme Court has said that it has “consistently and categorically weighed in favor of disclosure and transparency”.
The Top 10 donors of the political parties:
- Future Gaming and Hotel Services PR
The Coimbatore-based company owned by Santiago Martin tops the list with whooping Rs 1,368 crore worth of electoral bonds. It’s also the sole distributor of the paper lottery organized in Sikkim and Nagaland.
2. Megha Engineering & Infrastructures Ltd
The Hyderabad-based company has purchased electoral bonds of Rs 966 crore. The Megha Group was set up in 1986 by PP Reddy.
3. Qwik Supply Chain Pvt Ltd
This company has purchased a total of Rs 410 crore through electoral bonds. One of its directors is also a director at a host of companies owned by Mukesh Ambani’s Reliance Industries.
4. Vedanta Ltd
The company founded by Anil Agarwal, headquartered in Mumbai is a conglomerate to many controversies including allegations of debt and multiple conflicts over its subversion of environmental regulation.
5. Haldia Energy Limited
The company which was incorporated in 1994, and wholly owned by CESC Ltd, purchased an electoral bond worth Rs 375 crore.
6. Essel Mining and Industries Ltd
The company part of Aditya Birla Group is among the country’s largest iron ore mining companies and producers of noble ferro alloys. It has purchased a total of Rs 224.5 crore through electoral bonds.
7. Western UP Power Transmission Company Ltd
The company has purchased an amount of Rs 220 crore.
8. Keventer Foodpark Infra Limited
The Kolkata-based firm has purchased electoral bonds to the tune of Rs 195 crore since 2019.
9. MKJ Enterprises Limited
The company headquartered in Kolkata dealing in steal has purchased Rs 180 crore through electoral bonds. The chairman and managing director of the firm is Mahendra Kumar Jalan.
10. Madanlal Ltd
The company, part of MKJ Group and Keventer Group of companies, has purchased a bond to the tune of Rs 185.5 crore.
