Blank cheque for parties, no check on their funds
Published on Sun, May 11, 2008 at 00:10, Updated at Sun, May 11, 2008 in Nation section
Tags: Assembly Elections 2008, Karnataka

POLITICALLY RICH: Political parties do not reveal all about their source of funds.
Other stories in the section:
Land row: It's Jammu Hindus Vs Kashmir Muslims
On paper, J&K is one state, but for decades has functioned as two entities.
The Election Commission cannot force parties to file contribution reports, nor question the details they reveal. The Nationalist Congress Party, the Shiromani Akali Dal and the Bahujan Samaj Party often don’t submit documents on their funds source.
The Samajwadi Party doesn’t mention the dates on which it received cheques or the addresses of contributors; neither does it explain how its district presidents manage to cough up such huge amounts of cash
Right to Information (RTI) responses show that in 2003-2004, SP’s Etah president paid Rs 66 lakh in 10 demand drafts to the party. The party's Gonda president contributed Rs 11 lakh and its Mainpuri president gave nearly Rs 38 lakh.
The Election Commission admits that what parties reveal about their contributions is perhaps just a fraction of the real money. “We are aware of what is filed with us and then we give a certificate. That amount, we presume, will be reflected in the Income Tax return but beyond that, whether that is only a part of the amount or full amount, we would not be in a position to say,” says Gopalaswami.
With an average of three state elections each year, parties are always in need of funds. Privately, political leaders reveal how Chief Ministers can be called in the middle of the night to make sure funds reach the campaign headquarters in a poll-bound state.
A chief minister's worth sometimes depends on his or her fund-raising strength. But when a big business house is willing to finance a party, the chief minister could simply be a bystander.
It is an open secret that all parties accept contributions, says former BJP president Bangaru Laxman, who had to resign after being caught accepting money in a TV sting operation.
Laxman says the money was for the party. “People laugh at me for taking Rs 1 lakh; they say it is hardly enough for any party,” he says.
| Related links: | |















Total Comments: 6
Read Comment | Post Comment
please perfrom the sting operations and expose corrupt officials and politicians
Read Comment
It is one of the best reporrting. It is worring factor for karnataka as all real-estate %26 mine mafis are
Read Comment
Huge funds are collected from business houses by political parties for their election expenses; contractors also included in this donors
Read Comment
Real Estate people in politics are the greatest criminals in politics and they cheat innocent people grab land threaten and
Read Comment
hmm.. A commendable report. In fact unexpected from CNN-IBN. I think this is one report I read in CNN-IBN with
Read Comment