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VisitWhat will be the response from companies involved in the electoral bond scheme by end of 2024?
Public denial of allegations • 25%
Admission of wrongdoing • 25%
Legal action against the government • 25%
No public response • 25%
Official statements from companies, news agencies
Tilak Nagar Police File FIR Against Sitharaman and Nadda Over Rs 800 Crore Electoral Bond Extortion
Sep 29, 2024, 03:36 AM
Tilak Nagar police have registered a First Information Report (FIR) against Union Finance Minister Nirmala Sitharaman and Bharatiya Janata Party (BJP) National President J.P. Nadda, among others, over allegations of committing irregularities and misusing the electoral bond scheme to extort money from companies using enforcement agencies. The complainant has accused Sitharaman of extortion involving electoral bonds. Opposition leaders, including Congress President Mallikarjun Kharge and Congress MP Abhishek Manu Singhvi, have raised concerns about the misuse of central agencies like the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) to intimidate CEOs of companies into purchasing electoral bonds worth crores of rupees. Singhvi highlighted that when companies bought electoral bonds, their cases were subsequently slowed down, citing an instance where one firm bought Rs 500 crore worth of bonds. The total amount involved is alleged to be Rs 800 crore. The Congress party has raised this issue in Parliament.
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