New Delhi: The Supreme Court on Friday declined to grant an interim stay on the operation of Electoral Bond Scheme, and directed the petitioner NGO objecting to the scheme to approach the court with an appropriate application. A bench headed by Chief Justice Ranjan Gogoi said that the matter requires a detailed hearing and posted it for next hearing on April 10. Incidentally, the polling for the first phase of Lok Sabha elections is scheduled to take place on April 11. Advocate Prashant Bhushan, the counsel for NGO Association of Democratic Reforms (ADR), approached the court alleging there is a strong possibility that thousands of crore have been channelled to political parties under the garb of anonymity. Bhushan also alleged that nearly 95 percent of the electoral bonds proceeds have been moved to the accounts of the ruling Bharatiya Janata Party (BJP). Appearing for the Centre, Attorney General (AG) K.K. Venugopal contested Bhushan’s arguments. (IANS)
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