Congress hails Supreme Court's rejection of 'unconstitutional' Electoral Bonds

Supreme Court strikes down Electoral Bonds: Highlighting the Congress's steadfast stance against the Electoral Bonds, Khera underscored the party's seven-year-long battle both within and outside Parliament.

Author
Prateek Gautam
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Courtesy: INC

Supreme Court strikes down Electoral Bonds: The Congress party has lauded the recent Supreme Court verdict deeming the 'Electoral Bonds' as unconstitutional. In a press conference held at the AICC headquarters, party spokesperson Pawan Khera expressed profound satisfaction, asserting that the verdict has vindicated the party's longstanding opposition to the contentious scheme.

Seven-Year Battle for Transparency

Highlighting the Congress's steadfast stance against the Electoral Bonds, Khera underscored the party's seven-year-long battle both within and outside Parliament. He reiterated the party's principled objection to the opaque and undemocratic nature of the Electoral Bonds, dating back to their inception in 2017.

Opposition to Dubious Funding

The Congress vehemently opposed the Electoral Bonds, foreseeing them as potential conduits for quid-pro-quo deals and unchecked political funding. Khera emphasized the party's concerns regarding the removal of caps on corporate donations, warning against the proliferation of dubious funding channels.

Anonymity and Misinformation

Dismissing claims of anonymity surrounding the Electoral Bonds, Khera questioned the deliberate obfuscation perpetuated by the government. He highlighted the existence of detailed records maintained by the State Bank of India, challenging assertions of anonymity in the electoral funding process.

Judicial Validation

The Supreme Court's verdict underscores the inherent risks of financial arrangements fostering quid-pro-quo transactions between political entities and vested interests. Khera emphasized the judiciary's pivotal role in upholding democratic principles and thwarting attempts to subvert transparency in political financing.

Exposing Government Fallacies

Khera debunked the government's assertions of curbing black money through the Electoral Bonds, citing previous warnings by the Reserve Bank of India regarding the potential for money laundering. He criticized the Modi government's feeble justifications and hailed the court's verdict as a stark rebuke to governmental fallacies.

Electoral Bonds: A Veil of Concealment

Characterizing Electoral Bonds as instruments of concealment and political unaccountability, Khera lambasted the government for facilitating a system devoid of transparency. He denounced the Electoral Bonds as antithetical to the government's purported commitment to combating black money, alleging a deliberate subversion of accountability mechanisms.

Call for Transparency

Expressing hope for full disclosure of political funding details by the State Bank of India to the Election Commission of India, Khera called for adherence to the Supreme Court's directives. He urged the Modi government to comply with judicial mandates, signaling a crucial step towards restoring transparency and integrity in the electoral process.

Compliance or Circumvention?

With the overwhelming majority of funding routed through Electoral Bonds to a single party, Khera questioned whether the Modi government would adhere to judicial directives or resort to circumventing legal scrutiny through alternative means.

In conclusion, the Congress's unequivocal stance against Electoral Bonds underscores its commitment to democratic values and transparency in political financing. The Supreme Court's verdict marks a watershed moment in the quest for electoral reform and accountability.