Ex-Civil Servants Urge ECI to Prod SBI to Furnish Info on Electoral Bonds Before Lok Sabha Polls

New Delhi: As many as 79 former civil servants, under the banner of Constitutional Conduct Group (CCG), have written to Election Commission of India to direct the State Bank of India to immediately release the details of donors of the electoral bonds scheme, which the Supreme Court recently struck down as “unconstitutional”.

On March 4, the SBI urged the court to extend the time for collating donors’ data until June 30, instead of earlier deadline of March 6. “The SBI’s denying this information and indicating that it would not be available before the general elections seems to indicate that the SBI is shielding the Government in power from any criticism that there was a quid pro quo between the bonds and favours given to some
firms or raids/intimidation to pressurize the corporates to fall in line,” CCG said in its letter to ECI.

Published below is the full statement and list of signatories:

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CCG OPEN LETTER TO THE ELECTION COMMISSION OF INDIA

9 March 2024

Shri Rajiv Kumar
Chief Election Commissioner Shri Arun Goel
Election Commissioner

Dear Shri Rajiv Kumar and Shri Arun Goel,

We are a group of former civil servants of the All India and Central Services who have worked in the Central and State Governments during our careers. As a group, we have no affiliation with any political party but believe in impartiality, neutrality and commitment to the Constitution of India.

We are writing to you with reference to the extraordinary request of the State Bank of India (SBI) to the Supreme Court of India (SCI) to extend the time to submit information regarding electoral bonds till June 30, 2024, by which time the elections to Parliament would be over. We note with dismay that it took SBI seventeen days to inform the Court on 4^th March that they are not in a position to collate the data by 6^th March. For India’s largest bank with 48 crore accounts and boasting high levels of digitization, a pathetic excuse has been proffered that records were kept manually and hence the extension sought. Thomas Franco, former General Secretary of the All India Banking Officers Confederation, has pointed out that SBI had asked the Government of India by a letter of June 2018 for a sum of more than Rs 60 lakhs for development of IT systems for the electoral bond scheme. In the same piece, Franco has also published an RTI reply that gives, in just a period of six days, details of bonds sold over six years. Subhash Chandra Garg, Finance Secretary at the time of finalization of the scheme (and a defender of it), has said in interviews that it should not take more than ten minutes to get the information sought. He also makes the important point that the SCI has not asked for details linking the purchase of bonds with the political parties to whom they have been given; so, the demand for time is wholly unjustified.

While striking down the scheme of electoral bonds as unconstitutional, the SCI had flagged both the right to information of the citizens of India to know about funding of political parties and how there would be no level playing field if one party got undue financial advantage. The SBI’s denying this information and indicating that it would not be available before the general elections seems to indicate that the SBI is shielding the Government in power from any criticism that there was a quid pro quo between the bonds and favours given to some firms or raids/intimidation to pressurize the corporates to fall in line. The media portals Newslaundry and News Minute have already published material linking thirty corporates and their purchase of bonds worth about Rs 335 crore in the previous five years to the blatant misuse of enforcement agencies to make these corporates fall in line.

We would like to reference the letter of March 6, 2024, written by EAS Sarma, a former Secretary to the Government of India, in which he has requested the ECI not only to freeze any unspent funds of political parties from the scheme but also not to publish the schedule of elections till the SBI gives the information ordered by the SCI. We note that the term of the present Lok Sabha is up to June 16, 2024, and to complete the election in time, the ECI could announce the schedule by March 27, or even earlier. The SBI should give the electoral bonds data much before the announcement of the elections. This is an opportunity for the ECI to reclaim its reputation and its integrity by using its powers under Article 324 of the Constitution. As Shri Sarma has suggested, it should direct the SBI to immediately release the information. The ECI should also make it clear that it will not announce the schedule for the 2024 general elections till the SBI furnishes this information. If the ECI remains quiescent, it will not live up to its Constitutional mandate of respecting the right to information of Indian voters and of holding free and fair elections on a level playing field. That would be a death blow for democracy in India as we know it.

SATYAMEVA JAYATE

Yours faithfully,

Constitutional Conduct Group (79 signatories, as below)