Discover and read the best of Twitter Threads about #ScrapElectoralBonds

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1. Electoral Bonds fail the basic test of transparency. 6000 crore given to political parties thru bonds, but Indian voters do not know source of funds. Info obtained under RTI Act shows BJP govt ignored objections against bonds. I share files in this thread- #ScrapElectoralBonds
2. Several laws were amended to allow Govt to bring Electoral Bonds. Changes were made to RBI Act, Representation of People Act, Companies Act & Income Tax Act. RBI had raised serious concerns about changes being made to the RBI Act in letter dated 30/1/2017 #ScrapElectoralBonds
3. Govt rejected objections of RBI on electoral bonds claiming, among other things, that these came late “at a time when Finance Bill is already printed” though RBI replied within 2 days! Noting signed by then FM. Why did govt seek comments if bill was final? #ScrapElectoralBonds
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