SC: 'SIT should investigate the nexus between corporates and politicians in the electoral bond case', petition filed
Supreme Court: A petition has been filed in the Supreme Court seeking direction to the authorities to investigate the source of funding received by various political parties from shell companies and loss-making companies. It was said in the petition that the facts related to electoral bonds that have been disclosed should be thoroughly investigated.
A petition has been filed in the Supreme Court regarding the investigation of electoral bonds. The petition demands a Special Investigation Team (SIT) to investigate alleged instances of nexus between corporates and political parties through electoral bonds.
The petition also sought direction from the authorities to investigate the source of funding received by various political parties from shell companies and loss-making companies. The petition states that a detailed investigation should be conducted into the facts revealed through the electoral bond data.
The petition filed in the Supreme Court states that if the investigation reveals that the money given by companies to political parties has been earned through crime, then instructions should also be given to the authorities to recover it from various parties.
