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SBI must disclose unique electoral bond code to match donations with parties, says Supreme Court
Scroll | March 15, 2024 8:44 PM CST

The State Bank of India must disclose the unique code on each electoral bond that could be used to match the donations to the party that received it, the Supreme Court said on Friday, Live Law reported.

On Wednesday, the bank in an affidavit to the top court said it had furnished the names of purchasers of electoral bonds between April 2019 and February 15, 2024, to the Election Commission. It had also provided details of parties that encashed bonds in that period.

However, it did not mention the unique codes that would link the identities of the purchasers and the recipients.

The Supreme Court on Friday was hearing a petition by the Election Commission. The poll panel has sought the return of the data on electoral bonds that was submitted to the court in a sealed cover in November.

At the beginning of the hearing, a bench headed by Chief Justice DY Chandrachud said that the State Bank of India had not disclosed the bond numbers. He eventually directed a notice to be issued to the bank.

The bench also disposed of the Election Commission’s petition and instructed the registrar general to ensure that the data filed by the poll panel is scanned and digitised by 5 pm on Saturday. The original copy would then...

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