National Desk, 18th March: In a significant development, the Supreme Court has issued a directive to the State Bank of India (SBI) to divulge all pertinent details regarding electoral bonds funds, cautioning against selective disclosures. The apex court’s order mandates the SBI to furnish comprehensive information without any omissions, ensuring transparency in the electoral funding process.
Additionally, the Supreme Court has instructed the SBI to submit an affidavit affirming that no information has been withheld or suppressed. The bank, in response, has assured full cooperation and pledged to disclose all relevant information it possesses pertaining to electoral bonds funds.
Meanwhile, Solicitor General Tushar Mehta, representing the Centre, highlighted the overarching objective of curbing black money through these measures. Stressing the importance of the Court’s judgment, Mehta underscored the need for sensitivity to public perception surrounding the issue beyond the courtroom.
The Supreme Court’s directive marks a pivotal step towards promoting transparency and accountability in electoral funding, underscoring the judiciary’s commitment to upholding democratic principles and combating illicit financial practices.
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