India News

Supreme Court dismisses petition for SIT probe into electoral bonds

The Supreme Court finally dismissed petitions on Friday, calling for the court to monitor SIT to investigate electoral bonds. The court then pointed out the individual complaints regarding specific allegations of the quid pro quo arrangements between the political parties.

Corporate organizations can seek other legal remedies, which, in their considered view, is premature and quite inapt for the court to explore at this stage.

These Petitions have been filed by the activist organization Common Cause and Centre for Public Interest, which sought direction to be provided to the law enforcement agencies to investigate the funding of political parties through “shell and loss-making companies.

” The Senior Advocate Prashant Bhushan, while arguing in support of the Petition, stated that the case before the bench was an “extraordinary case of corruption” involving the “ruling political party and top business houses

But the court was not impressed and, therefore, asked the petitioners to ‘let normalcy take over’ after the monumental ruling earlier this year, which directed the State Bank of India to furnish data relating to donors and beneficiaries.

The court also reacted to the petitioners about providing a court-monitored SIT probe, the court said that this would be ‘’open ended inquiry ‘’ and further said that the court cannot appoint SIT when there are remedies available.

Source
NDTV

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