Bhushan claims that the EBS might be the largest scam in the country.

Bhubaneswar: Prashant Bhushan, a Supreme Court Lawyer, urged for an independent investigation into the potential corruption scandal of the Electoral Bond Scheme at a seminar in Odisha.

May 6th 2024.

Bhushan claims that the EBS might be the largest scam in the country.
During a seminar in Bhubaneswar, esteemed Supreme Court lawyer Prashant Bhushan expressed his concerns about the Electoral Bond Scheme, labeling it as "potentially the biggest corruption scam in the country". He emphasized the need for an independent body to thoroughly investigate the matter. The seminar, titled 'Electoral Bonds and our Right to Information', was organized by Odisha Suchana Adhikar Abhiyan at Bharatiya Vidya Bhawan in the bustling Capital City.

Joining Prashant Bhushan were social activists and members of the National Campaign for People's Right to Information, Anjali Bharadwaj and Amrita Johri. The trio delved into the intricacies of the Electoral Bond Scheme and its impact on the country's political landscape. Bhushan strongly urged the public to take a stand and push for political reform.

He highlighted the detrimental effects of electoral bonds on the level playing field during elections, as they create discrepancies in funding among political parties. This not only gives an unfair advantage to big parties but also opens up opportunities for potential kickbacks. Furthermore, there is evidence of regulatory inaction on companies that have donated through electoral bonds, raising concerns about potential money laundering. It has been observed that even loss-making and shell companies have made significant contributions to political parties through this scheme.

In light of these alarming findings, the experts demanded a court-monitored Special Investigation Team (SIT) to thoroughly investigate the Electoral Bond Scheme. It is imperative to hold those involved accountable and ensure transparency in the political funding process. Only then can we hope for a more fair and just electoral system in our country.

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