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Electoral Bonds: Laxmi Mittal, Rahul Bhatia among top 10 individual political donors
Lakshmi Niwas Mittal, the UK-based executive chairman of ArcelorMittal, purchased bonds worth ₹35 crore, while Inter Globe promoter Rahul Bhatia bought bonds worth ₹ 20 crore in their individual capacities, according to the Election Commission data
Steel magnate Lakshmi Niwas Mittal, InterGlobe promoter Rahul Bhatia and founder of Biocon Limited Kiran Mazumdar Shaw are among the top individual donors of the now-scrapped electoral bonds used for making political donations.
The Election Commission posted the data on electoral bonds on its website on March 14, a day ahead of the Supreme Court-fixed deadline.
According to the Election Commission data, UK-based executive chairman of ArcelorMittal, Lakshmi Niwas Mittal, purchased ₹35 crore worth of electoral bonds in his individual capacity.
Inter Globe promoter Rahul Bhatia purchased bonds worth ₹ 20 crore in his individual capacity, the data shows. Additionally, Inter Globe group entities had purchased a total of 36 bonds of ₹ 1 crore each. The Inter Globe Group operates India’s largest airline, IndiGo.
In compliance with the SC order, the State Bank of India (SBI) handed over the electoral bonds data to the poll body earlier this week.
The Supreme Court struck down the 2018 Electoral Bond scheme on February 15, calling it “unconstitutional.” In its ruling, the apex court had asked the SBI to furnish all the details related to electoral bonds with the ECI within a stipulated deadline.
Here are ten top individual donors and their contributions
Lakshmi Niwas Mittal: ₹ 35 crore
KR Raja JT: ₹25 crore
Rahul Bhatia: ₹20 crore
Inder Thakurdas Jaisinghani: ₹14 crore
Rajesh Mannalal Agrawal: ₹13 crore
Raju Kumar Sharma: ₹10 crore
Raju Jagannath Joshi: ₹10 crore
Harmesh Rahul Joshi: ₹10 crore
Anita Hemant Shah: ₹8.2 crore
Kiran Mazumdar Shaw: ₹6 crore
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Business NewsPoliticsNewsElectoral Bonds: Laxmi Mittal, Rahul Bhatia among top 10 individual political donors
First Published:15 Mar 2024, 12:12 PM IST
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