Loss-making companies paid hundreds of crores to the BJP through electoral bonds, alleged AAP MP Sanjay Singh.

New Delhi : Sanjay Singh, a leader of the Aam Aadmi Party (AAP), criticized the BJP sharply regarding the electoral bonds issue, asserting that it fostered corruption as companies operating at a loss funneled hundreds of crores to the saffron party through the now-defunct political funding scheme.

“Corruption has occurred under the guise of electoral bonds, with tax exemptions granted. Thanks to the Supreme Court, the complete data was made public. What I am disclosing reveals a sequence of events: 33 companies, which have collectively lost Rs 1 lakh crore over seven years, have donated Rs 450 crore to the BJP,” Sanjay Singh stated during a PC at the Aam Aadmi Party office in New Delhi.

“Seventeen companies either paid zero tax or received tax exemptions. Six companies contributed Rs 600 crore to the BJP. One company donated three times its profits, while another donated 93 times its profits. Additionally, three companies, having donated Rs 28 crore, paid zero tax,” he added.

Shruti Suman

[Shruti Suman] has a background in investigative journalism, with a career spanning over [4] years. As part of the Newsisland team, [she] are committed to exposing the truth and bringing to light the stories that matter most.

Related Posts

Workers’ Rights Under Siege: Janata Party Stands Firm with Samsung Workers in Tamil Nadu

Party condemns unlawful arrests, calls out Tamil Nadu government for suppressing legitimate protests Chennai, 17th Sept, 2024 : The Janata Party has firmly extended its solidarity to the striking workers…

Yogi Adityanath Honors Acharya Gopal Chandra Mishra Vedic Unnayan Institute with ‘Best Vedic School’ Award

Varanasi, 06th Sept, 2024 : At the 8th Bharatatma Ashok Singhal Vedic Awards 2024, held in Ayodhya under the banner of Singhal Foundation ( Udaipur) , the Acharya Gopal Chandra…

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

FICCI to Host Seminar on “Bharat Drone Varta – Road to Indigenization”

FICCI to Host Seminar on “Bharat Drone Varta – Road to Indigenization”

Salman Khan’s old tweet about Preity Zinta Resurfaces after Saint Lucia Kings’ fairy-tale CPL Victory

Salman Khan’s old tweet about Preity Zinta Resurfaces after Saint Lucia Kings’ fairy-tale CPL Victory

FICCI Bharat R&D Summit 2024: Pioneering Technology and Pushing India’s Innovation Boundaries

FICCI Bharat R&D Summit 2024: Pioneering Technology and Pushing India’s Innovation Boundaries

FICCI Hosts Bharat R&D Summit 2024 to Drive Industry-Academia Synergy for Innovation

FICCI Hosts Bharat R&D Summit 2024 to Drive Industry-Academia Synergy for Innovation

EPS-95 Pensioners Hold Protest at Azad Maidan, Issue Final Warning Before Elections

EPS-95 Pensioners Hold Protest at Azad Maidan, Issue Final Warning Before Elections

Dr. K. A. Paul Takes Legal Action to Safeguard the Sacred Tirumala Laddu Prasadam

Dr. K. A. Paul Takes Legal Action to Safeguard the Sacred Tirumala Laddu Prasadam