Implications as SC tosses out SBI’s plea to delay electoral bonds data release, orders EC to comply
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- čas přidán 10. 03. 2024
- A five-judge Supreme Court bench on Monday dismissed SBI’s plea seeking more time to disclose details of those who bought its controversial electoral bonds to fund political parties. In episode 1412 of #CutTheClutter, Editor-in-Chief Shekhar Gupta discusses the SC ruling, SBI's extension plea, and why greater transparency in electoral bonds' details is a win for the voters.
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Watch the abridge version of Cut The Clutter episode 1074 here : • As Modi govt notifies ...
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Why is the Print soooo concerned about Electoral Bonds,Jf only BJP is At Fault then why did Khangrress,TMC,DMK,SS UBT,BRS all Join,Why haven't they Avoided lile the Communists did? Were they Complicit ?? There are Soo many Things to be discussed from Record GDP Growth to Slowing Inflation or General Election
Why is the Print soooo concerned about Electoral Bonds,Jf only BJP is At Fault then why did Khangrress,TMC,DMK,SS UBT,BRS all Join,Why haven't they Avoided lile the Communists did? Were they Complicit ?? There are Soo many Things to be discussed from Record GDP Growth to Slowing Inflation or General Election
Why is the Print soooo concerned about Electoral Bonds,Jf only BJP is At Fault then why did Khangrress,TMC,DMK,SS UBT,BRS all Join,Why haven't they Avoided lile the Communists did? Were they Complicit ?? There are Soo many Things to be discussed from Record GDP Growth to Slowing Inflation or General Election
Why is the Print soooo concerned about Electoral Bonds,Jf only BJP is At Fault then why did Khangrress,TMC,DMK,SS UBT,BRS all Join,Why haven't they Avoided lile the Communists did? Were they Complicit ?? There are Soo many Things to be discussed from Record GDP Growth to Slowing Inflation or General Election
Me, the resident American lurker: "South Carolina and... east Carolina?" ;p
sbi will rather face contempt than reveal any details.
Correct. Or place confusing unverifiable data.
Then SBI must cease to exist 👍🏻
Are they trying to defend the interests of small groups of individuals with immense money power arogance?
If SBI doesn't obey SC orders, SC may take steps that Mo D can't afford before 2024 election.
Why should SBI reveal data when it is in public domain. With KYC of donors, they can be traced. Through IT returns political parties have declared as to how much they received bond money.
Stopping the "Sealed Cover" jurisprudence will be one of the legacy of the current CJI.
i am sure bjp would have cleaned up the records and made sure adani and ambani are out of this corruption
are you stupid
@@veerapandyan8403
Excellent. Let the judges selection and fees charged by Big advocates be transparent and ban sealed cover technology.
@@rajasekhar7814 then the police, Judge, lawers and everyone involved t to be elected not just the top order...
@@rajasekhar7814 That's what CJI did no?
When the government rejected one judge, recommended to add in SC, he published those details.
That is the beginning.
Lawyers getting money for cases is not our concern if the government is not paying them.
They are private lawyers, they can charge whatever they want. People who can afford them, will pay them.
The quality of journalism in print doesn't match with the quality of its audio. I appreciate the no-nonsense minimal setting, but I think the show would benefit greatly if Shekar could invest in a better audio set-up.
It's perfectly clear, I don't think there is any issue with current quality.
You are beating a dead horse. I've been saying this from day one. They don't seem to care about it...
Yep. The audio does not have a consistent volume. A small boom mic can solve that issue
This is something we are working on to improve. Thank you for writing in with your feedback, my friend. Do keep watching...best wishes, Shekhar
@@ThePrintIndia deer aaye durust aaye Shekhar ji
SBI lunch time over..
What about the tea breaks?
Ha,ha. SBI is a reputed bank and played a ball. They wanted not to reveal as to which donor donated to which party. SC confirmed not necessary and wanted list of donors and political parties only. So SBI has won and opposition parties are hiding.😊
SBI have succeeded in not matching donors and receipients. They gave won🎉
To dilute the issue Modi will blame Congress or Pakistan 😂
So scamgress did not receive money through electoral bonds😂
@@repanh1979 but they are not the one stopping SBI
There is a possibility that Modi/Shah want to cover this with CAA/NRC …
Yes, it is happening.
@@Shankhanil_Paul so.scamgress did not receive money through electoral bonds😂😂
@@repanh1979 They received !diot and they are talking about Electorial bond data and supreme court decision whereas no one from Bhajpa didn't even talk about SC and their decision🤡🤡
Ask your communal bjp 😂😂😂@@repanh1979
It is already doing it
If only 22,000 bond transactions is correct, it should be pretty easy for number crunching analyst. Just 2% capacity of 1 MS Excel sheet. "Excel has a limit of 1,048,576 rows and 16,384 columns per sheet."
Waiting to hear your analysis...
Supreme Court's snub to the SBI is totally justified.
SC has snubbed you. Data asked by SC is in public domain. Who funded whom is buried for ever😊
@@rajasekhar7814if i am not wrong there was a law about judge needs to about his property what happned to that
It’s like the SC snapped the BJP’s lungi and they were so confident they wore no undies and are now naked to the world… 😂😅🤣
i am sure bjp would have cleaned up the records and made sure adani and ambani are out of this corruption
I am sure opposition will disappointed after see the data 👍and this is the master strategy of BJP
People like you Dick riding the opposition m. Would be a treat to Rahul gandhi's eyes
It's a bond issued by bank and record are kept in branches. There is no corruption in donating white money to any party. Before bond system there was noway for anyone to know who is donating to whom and how much. Now we all made to think that, bond is corruption and dealing in hard cash is not. We all victims of false propaganda. BJP rule 17 states and center , TMC, and BJD, DMK rule one each state, and Congress rule 3 states, all businessman will give big donation to uling polictical parties and small portion to opposition for insurance. So BJP with 17 state and center will definitely get big amount but that is from different business across country. That's not the case with TMC, DMK, BJD or Congress, one or two businessmen contributed to them and that's when deals will get exposed. Am pretty sure Congress unknowingly fell into a big trap.
Joke of the year. SC has asked to publish data of donors and recipient political parties. Data is already in public domain😅
SC done a tremendous Job...thank you shekar ji for your explanations
Patta patta buta buta is the perfect Quote. My compliments
Haha, thank you, my friend. Hindi film music, perhaps, has a song for every kind occasion or mood. Thank you for watching and writing in...best wishes, Shekhar
No interested Corporate entities would have directly purchased the bonds,instead they would have used 3rd parties,shell companies electoral trusts and benamis to route the purchases.Nothing will come out of it,as those who designed the scheme would have anticipated this scenario well in advance.
People who live in darkness must understand that when 🕯️ light comes, darkness disappears.
Unfortunately for some people see darkness when light is there. Check Google donors data and recipient data. It is available.
Bharat sarkar "owns" Election Commission. Itna sach bhi nhi bolna tha 24:40
SG is not addressing an important question: Why is SBI going to such extraordinary lengths to with hold the Electoral bonds data?? After all, they are just a banker, they shouldn't have anything to hide!
SG missed one important point. The bonds are to be redeemed within 15 days of issuing... With the dates revealed, it will be quite simple to match the donor with donee
Which will reveal bh@jpa dirty politics that's why SBI refused to release data in the first place🤣🤣
SC has asked to reveal total amount from donors and receipt by parties. Info already in public domain. How can you confirm which donor gave to which party. This info is buried for ever.😊
@@rajasekhar7814 SC has asked SBI to reveal names of donor, date of donation & date of redemption as well
@@Manish_a12bAll donors have paid giving KYC, which is with IT. Only money donated before bonds cannot be traced.
It is still not that easy. Not saying this as a BJP Supporter. The system design is built to be anonymous.
I have seen many in twitter give gyan about writing a select query and join BondID of a bond bought by a recipient against bondID of a bond redeemed by a Donor. If thos is built so easy, it is anyhow not anonymous.
BondID is nrver mapped to a donor or a receiver. It is just used as verification that its an actual bond.
Fantastic, hail supreme court. Question is, was this bill amendment not voted in Parliament? If so we need to find out who voted how?
Or was it not even discussed??
Money bill, passed along with the Finance act, only Lok Sabha voted
It was done as a Money bill so that it doesn’t have to pass through Rajya Sabha ( BJP didn’t have majority in Rajya Sabha, so connect the dots)
It was brought as a money bill
So RS was eliminated
In LS BJP had numbers
Thanks
Hi Ramesh,
Thank you for supporting us.
All the drama SBI and ECI has done has showed our nation in bad light. Are we a Vishwaguru.
"We can understand the frustration of Modi's supporters who keep questioning what Congress has accomplished in the last 70 years. However, when it comes to Modi providing a record of the last 7 years of the electoral bond (Sudama Ka Potli), he seems to be evading the issue or using SBI as a cover."
Thank you shekhar Gupta
Well explained Mr. Shekhar Gupta 👏
Shekhar ji, your film lyrics references always make my day! 😂
Hindenburg watching from a distance 🤞
Your pal Hidenberg has gone bankrupt 😊
@@rajasekhar7814 😅 where will b the fun in tht
But each bond has a unique number, so ultimately the knowledge will be in public. Anyone can do that matching 😂
But the problem is that the unique number is not being revealed now?
bhai to tu matching karke mujhe bata de.
@@abhinav5847 OSINT and journalists will do the job in 1 afternoon.😂😂😂 No where for BJP to hide. The only hope Modi has now is his star campaigner Rahul Gandhi to pull him through.😂😂😂
@@bilalbaig8586That leg pulling by calling Mr. Gandhi a star campaigner for the BJP is another psychological warfare means for the BJP to put down the Congress.
@@vishaltripathi6243So mate even I don't have a clue
But as some people are suggesting
The matching can be done
Through the donor Name, date and amount of electoral bond purchased.
And the party who encashed it, on which date and the amount.
Journalists would have to do their jobs in a geeky fashion to draw the correlation.
Brilliant shekhar ji 😎
Though supreme court's judgement is appreciable but won't make much difference
Parties will fall back to cash donations which besides being anonymous will increase black money and as a corollary transnational crimes emanating from it like drug trafficking, human trafficking, terrorism etc...
Alas, the bad side of this😢.
Great point👍
As if this system is very transparent
@@vivek1raja who said its transparent 🤦🏾
I said i appreciate SC judgement... Just saying cash will bring the additional problem of black money and increase in transnational crime besides being anonymous
@@Manish_a12band run all the wonderful risks of getting caught running around with the black money also...the whole reason party in power was happy was they could legally do dhamki with ED/CBI and get all money in white...now atleast playing field is level once more no matter how crooked the field was...atleast any party in power does not get to legalize corruption and proclaim boldly they are against corruption...
@@insiderich7372 True... its a trade-off between transparency and preventing black money
Govt needs to come out with some other innovative idea which can ensure both
“Corruption is a cancer that eats away at the very fabric of a society.” - Narendra Modi
The irony is lost on him.
I have a point yr modi hi pagal hai accha khasa system tha politicians ke liye boro me bharkar ate the paise rb to Sc kuch nhi kr pata dekho kya krliya, apne hi per pr kulhadi, kisi me dum hai to btao 2019 se pehle kisko kitne paise aur kisne diye 😂
Chowkidaar Choor he😡
The person who uttered that is a cancer on society for sure.
Laughable statement
Corporate friends Electoral bond Lao saste mai PSU le jao Modi ki guarantee..
How? Please explain.
😂😂😂😂😂😂😂😂😂😂
Jana bhi chahiye most psu's ko
@@amithabv1060 haan bech t🥲doh sab..
Public ke tax se bana hai ghanta farak nai padta. Janta agale 70 saal baad nashe se uthegi..🤣🤣
@@ssd7853
जिस देश का राजा व्यापारी
उस देश कि जनता भिखारी
That's why govt should stay out of all businesses. Kyuki babu log can't do business if they could they wouldn't be preparing for UPSC during their prime years, they would be opening businesses and making them successfull.
Or ye kya hai: aankhe kholo 70 sal bad khulengi
Humne apni aankhe khol rakhi hai we have seen how babus used to run PSUs. How they ruined our economy during socialist era before 1991. We have seen it all and our eyes are open.
Yet again and excellent presentation Shekhar. I do have a small suggestion: please invest in a higher quality microphone. They are relatively inexpensive but make a lot of difference in the audio. A lapel mike isn’t always the best option. Thank you.
Thank you for the suggestion, my friend...this is something we are working on to improve. Do keep watching...best wishes, Shekhar
Wonderful
Thank you shekar sir for bringing the topic on electoral bonds.
Great Post Sir,
Thanks
Sir you are amazing no words to appreciate you.
Thanks!
Hi,
Thank you for supporting us.
I don't know how SBI manages my account, when they can't do this basic thing. It's time to close my account protest. Need to appreciate Gov of India for such a masterstroke against black money.
What?!! Government masterstroke against black money?!
Edited to add: oh, I realised you were being sarcastic. Not even an andhbhakt will think that… 😅
Supreme Court Of India
@@Jesssco Sarcasm :D
Waiting for Shekhar Gupta's analysis after the report being made public
Very Good explanation.
A subsidy from a Pakistani, CIA or Chinese company registered in India could buy Electoral Bonds and make a political party make a statement that no land of ours is occupied by anybody. Thus comparing our national security.
ulta chor kotwal ko daatein, slimey fucks hiding behind patriotism
Han unke pass ab cash khana se ayega ,iske bad to wo de hi nahi payenge.bhai thoda to soch lo
You are D U M B. And all those 12 people that upvoted you are as well. According to the rules of Electoral bonds, you need to furnish your KYC for EVERY bond you purchase. And this is open ONLY for citizens of India. There is no way Pakistani or Chinese company could buy the bonds.
Bingo. Correct. Only names of donors will be released and not info to whom they gave money. All info asked by SC is readily available.
Yet when this clearly unconstitutional law was passed by BJP, its supporters and whole Indian media were cheering and instead asking questions from opponents. This law should never have been allowed to pass due to public pressure alone. Daddy SC will not save democracy everytime.
Hire 1000 staff and make electoral bond clear
Great episode as always 👌👌
Absolutely on the business from SG as always. Intriguing to know the implications and immediate plausible sequels! 😅
"एक बार ये जो चोर-लुटेरों के पैसे विदेशी बैंकों में जमा हैं ना, उतने भी हम रुपये ले आए ना, तो भी हिंदुस्तान के एक-एक ग़रीब आदमी को मुफ़्त में 15-20 लाख रुपये यूँ ही मिल जाएँगे."
Jumla king and biggest chors in history of India are Modi+Adani= Modani.
@@truthmaker700, kaise? Jara samjhaiye.
Par gulamo ne to vote diya nhi....aur wohi 15 lakh maang rahe hain
How fool one can be to think that making bonds information public will somehow put bjp government in precarious position. Everyone is falling for the trap set by bjp. Do you think bjp wouldn't have done a risk assessment before bringing this law? They are just trying to give a false hope for government critics. And I don't see any opposition party making a big hue and cry about this judgement?
Dil behlane ko khayal acha h ghalib.
I agree with you.Moreover Bjp is so powerful that it will never let real data exposed in public data.It has ED,CBI,media and now election commission too.Chandigarh election scam says a lot about intention of BJP.
@@impedimenta934 galib saab ka baat chodiye. Agar bjp ke against kuch mile tho aapka dil behlata hoga lekin bjp ke against kuch mile ya na mile mujhe tho ganta farak nahi padta.
@@rajendervallapureddy1564nahi bro it's actually true kyuki majority voters don't give fuck about this electoral bond because everybody know ki politics kaise chalti hai unhe isse farak pdta hai ki pani mila, cylinder mila, roti mili, road bana these actually ellite who talk about democracy but they can't make a person win in actual politics
@@rajendervallapureddy1564 lol agree with u
There is a other side to the story.
Because SC banned Electoral Bond, now Cash Black money will be used in Election.
Beautifully explained..
I'd still like a little more clarity how the safety of the bond purchaser can be protected? Even if Ambani & Adani buy there bonds it is unlikely their corporate officers & their families move around with armed security. How are they or their family protected from extortion, threats, stalking?? Naxalites targetted govt professionals like railways / bank officers and their families with violence... We CANNOT go back to those days... Transparency is fine but not at the cost of public safety
explanation with precision and simplicity 👌👌
The best teachers always realises to make someone understand the lesson at class would be to make it as simple.
Good teachers put themselves in the shoes of the students.
Thank you Shekar
SBI sent the wrong guy for the job. Mr Salve had criticized the collegium system just a few days ago and you can clearly see the nervousness in his talk.
SBI's preparation was utterly terrible without any mentioning of what they already did to aid the previous judgement. On the other hand 26 days is a reasonable duration to file a plea in a case with thousands of encrypted records and complexities, as long as you can explain it with relevant data points.
Basically all we is a poorly executed plea which the bank thought will work just by presenting a highly paid lawyer alone, which failed miserably.
Presenting lies as truth in SC is not easy task for a lawyer like Salve. SBI has not even explained the process steps for matching the two to sets of data. SC could have screwed SBI on this. SBI seems to have done nothing in 26 days except waiting for orders from Mo D as usually is the situation in all ministries i.e. nothing happens without orders from Mo D.
it will be interesting to watch it shekhar does some investigative journalism and tell us which party benefited the most from electoral bonds and more importantly which company benefited the most.
Beautifully deciphered the nitty gritty of the electroll bond dilemma and myths created around it for the layman of the country
SC order will again revive Black Money transactions. So how will this help transparency
Thanks for taking this subject 1st , but first or last, the number of people or the percentage of people who want to hear it first or last was all ready decided
Excellent. Patta patta boota boota haal hamara jane…… I liked your illustrations.
The Sherkarji seem too happy to see the BJP drubbed!!
For the greatest good of the nation, we ought to support the SC even if it hurt us
Gupta ji I don't think poor flower have any intrest in this but whole garden definitely have intrest in it 🥀🥀🥀
Please upgrade the audio set up. Keep it up ❤
Gupta ji you were for these electoral bonds now you are against them😅
प्रिय गुप्ता जी,
उर्दू शेर के साथ एपिसोड को समाप्त करना बहुत आनंददायक था। ऐसा लगता है कि पुराने मुहावरे, कहावत और शेर हमारी दैनिक शब्दावली को तेजी से छोड़ रहे हैं। कृपया कोशिश करें और दोहा/शेर/कहावत के साथ प्रत्येक एपिसोड को समाप्त करें।
The end was hilarious
🎵 हर सीधे रास्ते की
एक टेढ़ी चाल है
सीधे रास्ते की एक
टेढ़ी चाल है
गोलमाल है भाई
सब गोलमाल है
गोलमाल गोलमाल 🎵
On a lazy morning in Bangalore, I see the situation as follows:
Political parties have been accepting donations, mostly in cash since decades. Since the Bond scheme, donations have been through the bank. All (especially National level) political parties have received such donations…. Some more, some less, some MUCH more. It is documented and can be seen as soon as the key is found in the dog poo.
The honorable SC can fault the procedure and no more.
The problem for the political parties can arise on two counts
1. If any book keeping procedure (I think, for obvious reasons, no such procedures have been laid down) have been violated by political parties.
2. If any quid quo pro can be established for any donation…. Which can obviously be only with ruling parties (Centre or State)
What is got is for keeps and procedure for the future has to be laid down following SC guidance.
I may be wrong…
You know what would end all corruption in politics? Sortition! If members of Parliament would be randomly selected, there would be no need for campaign donations or influence peddling!
I love SG videos always enriching. Perhaps only channel which bring facts(maybe give biased opinions) but facts and different povs are presented. Good job Print
What was there to do CTC on this, bura gave a miss to many topics which needed CTC
Also Shekhar, electoral bonds is by far the cleanest funding mechanism that our country had. Earlier it was all black money. Now atleast, it is accounted and through banking channels to the extent of electoral bonds.
I agree, may be chinese money is great money to party
May be govt helping corporates at the expense of people. That's a best thing that can happen.
I agree. Could be loss making companies forcing policy change through foreign money or could be shell companies laundering money but it's all great.
Maybe but it pretty much turned illegal funding into legal atleast when black money is busted, there can be prosecution. Electoral bonds pretty much removed the possibility for that
If they wanted a clean funding mechanism only, there was no need to make the bonds anonymous was there? Main purpose was corruption and secrecy. They had to disclose cash donations earlier but with bonds they didn't have to. We can keep electroral bonds while keeping it transparent.
Electoral bonds with total anonymity is a far worse thing than cash donations. Not to forget the fact that the ruling regime of the day has access to details of the donors means they can go after donors donating to opposition parties with the use of agencies.
Last three minutes were savage 😅
Now opposition got electroral bond isuue after raffel, adani etc where they also got money though very less. These chatukars don't know that whoever get more seat mla and mp and power they get more money. Earlier congress got it in cash without any explanation and made minister through radiya and barkha now bjp is doing it through bond. Again they got inflammation in back after results.😄
The ones in power will get more money for sure. But the issue here isn't who's getting more it's the channels that they've opened and that people should know who is getting it and from where. When the information comes out, it'll come out on both the party in power and the opposition.
Can the corporates themselves file a petition saying their
' Right to privacy ' and 'Right to dignity' are at stake
Will the court consider that ?
But they are even scared of that coz they would be exposing themselves.
Even the cross linking of the purchaser with the entity that deposited the bond should not be difficult. SBI must be cross checking the bonafides of the bond before encashing to make sure that it not duplicate, not encashed earlier, was purchased genuinely and so on by a reference to the branch which issued it.
Nice
Was waiting for this episode.
i am sure bjp would have cleaned up the records and made sure adani and ambani are out of this corruption
For a country that prides itself as a IT giant. It's funny to hear SBI needs 3 months to perform a JOIN query to generate a report on 22k records. It bearly take 3mins
I guess may be Vijaya Malya given bonds
How Adani and Ambani missing from the list 🤔
For a party that is 10 years ahead of the opposition in planning, it sounds very juvenile that they'll make such a mistake of accepting all funding using electoral bonds.
SBI के पास जनता का पैसा जमा है तो ये tansparency क्यों mantain नहीं करती?
Shekhar ji, please make a CTC video on the current situation in Ladakh statehood demand. no mainstream media is covering it, and we as indians hardly have any knowledge about Ladakh, its demographics and politics. Thank you
Thank you Mr. Gupta, you have very clearly explained the whole saga of these electoral bonds. All this explanation has proved that the SBI with its defense lawyer lied to the SC, and in the interest of the nation they have to face the music if they further do not comply with the S Court's orders.
Well done Guptajee! I thought the fear of speaking out has engulfed you as well.
Patta patta butts apt good anomaly 👍
my case (which is open and shut case) is going on in court for more than 10 years now, because other side is advocate/politician... is there any can ask this crap CJI to speed up all the case pending in court ???
All said and done, All channels should translate the said matters into ALL the regional languages, in order to reach everyone (possibly)
When Mr Gupta hinted that he is a strategic arms buff I expected him to mention that some of the re-entry payloads can be decoys and was disappointed a bit when he didn't.
they 'Modi'fied every law
Why you are not citing the home minister statement in parliament about NRC !!
Why didn’t Supreme Court directly ask all political parties to disclose the total value of bonds (under oath) they encashed? Adding severe punishment if lied. They would have got the answer quicker than SBI.
Courts can give long rope to Kejri, on for appearing!!
Just curious ...how is this coming to court? Just exactly 2 months before the elections. How does this timing work? Basically for a law that is 5 plus years old..everybody know?
That is a major problem with SC it takes a lot of time for judgements it's probably just coincidental that the judgement came just now. Prior to the emergency the Supreme Court back then gave it's judgement against her election only in 1976 when the case had been on since 1971 nullifying her election and disqualifying her as Pm
Very nicely explained. Thanks to SC also for exposing the lies of SBI.
But when will SC take off the mask of incorruptibility that Mo D wears and proudly displays in public?
But shekhar is in amaze of Mr Modani
Glad that NRC has been dropped.
"Except under a court order, this was already part of the original rule. I couldn't help but draw parallels to retrospective laws - where an action is lawful today but could become illegal tomorrow, leading to unexpected consequences."
Corporate or individual paying the political party is 100% exempt. As in if your income is 200, n u pay 150, you only have to pay tax on 50.
This one thumbs up is for the excellent comparison you made..Indian voter doesn't, t know anything.. Ye khel kya chal raha hai.. One question.. Is it possible to find the recipient and donor by comparing electoral bond number,, Is Sbi about to give details with electoral bond numbers?
SG, you could have done a standalone ctc on MIRV Agni 5.Pls consider an episode on India’s missile evolution.
Interesting times . It’s the end of our tryst with democracy.
This was a good decision. But I have a question, Why can't political parties open bank accounts in the Cayman Islands in the name of a trustee and have their funders deposit money in these accounts?
Because they want to buy MLA's in India and not in Cayman.
Do you really think they don't do that already ?
I think they already do.