Lawyer Prashant Bhushan on Saturday labelled the electoral bonds as the biggest scam in the history of Indian democracy and alleged that they were used as bribes for contracts, shielding people from central probe agencies, manipulating policies, and influencing drug regulators. He said the Supreme Court will soon commence hearing on a petition filed before it seeking a probe by a Special Investigation Team (SIT) into alleged quid pro quo arrangements between corporates and political parties. "The electoral bonds were used (by companies) as bribes to get contracts, to protect themselves from the Enforcement Directorate (ED) and the CBI and to save themselves from drug regulators," Bhushan said. Out of the Rs 16,500-crore electoral bonds, half went to the BJP and the rest to parties like the TMC and the Congress. However, those who were not ruling did not get any money, he said. "I see that Rs 5,000-crore worth of electoral bonds were issued, resulting in the sanctioning of contracts
Read The Rest at :