India’s top court asks SBI for data to link political fund donors, recipients

India’s Supreme Court ordered the State Bank of India (SBI) on Monday to submit entire in depth data of so-called electoral bonds issued under an opaque political funding system, just a month before general elections. The in depth information of the controversial funding mechanism, brought in 2017 but subsequently scrapped, are anticipated to make public data linking donors to political parties over the past five years, and the size of their donations.

Corporate funding of political parties is a stringent thing in India, where the February scrapping of electoral bonds, along with the publicising of the names of donors and recipients, has proved to be a famous topic ahead of elections due by the month of May. The Supreme Court gave the state-run lender until Thursday to give the Election Commission of India with the different identification numbers of the bonds, so as to permit donors to be matched with recipients. “You have to unfold all in depth data… we must have finality to it,” Chief Justice D.Y. Chandrachud conveyed. The election commission, in its turn, was directed to make the data public “forthwith”.