Thursday, Mar 28 2024 | Time 16:23 Hrs(IST)
image
Parliament


Electoral bonds for political funding can lead to 'Telgi' like stamp paper scandals: Mahtab

New Delhi, Feb 9 (UNI) Biju Janata Dal leader B Mahtab today expressed apprehension that the system of 'electoral bond" as proposed in this year's budget to herald reforms with regard elections and political parties may not yield expected results and may even lead to scams like Telgi stamp paper scandal or "fake SGL bonds that were placed by Harshad Mehta".
".....it could end up with unscrupulous political parties printing bogus electoral bonds akin to the fake stamp case promoted by Telgi," Mr Mahtab said in Lok Sabha participating in the discussion on General Budget.
He said the proposals that the books of donors will not mention the name of the party and the books of the party will not mention the name of the donor, by this secrecy can be maintained by the donors. "This is a good idea, a very good idea but impracticable," he said in presence of Finance Minister Arun Jaitley.
There is no row at position 0.
image