The Aam Aadmi Party (AAP) today alleged that 33 companies, which incurred losses of around ₹1,00,000 crore in seven years, have given ₹450 crore in donations to BJP through electoral bonds or after getting tax exemptions. 

Addressing a press conference in the national capital, AAP MP from Rajya Sabha Sanjay Singh said that in the past few years, the Modi government has hidden from the public the corruption done under the name of electoral bonds, granting tax exemptions.

“Thanks to the Supreme Court, the entire data has been placed before the public. What I am revealing is a complete series,” said Singh, adding that there are 33 companies that have incurred losses of ₹1,00,000 crore in seven years and have given BJP ₹450 crore in donations.

Sanjay Singh said that 17 companies have either paid zero taxes or received tax exemptions. “Six companies have given the BJP ₹600 crore in donations. One company has given three times more donations from its profits. One company has given 93 times more donations from its profits. Three companies have given ₹28 crore in donations and zero taxes,” he claimed.

The AAP leader said, "Bharti Airtel has given ₹200 crore in donations to the BJP, but it has incurred a loss of ₹77,000 crore during 2017-23, receiving a tax exemption of ₹8,200 crore. Some exemptions were granted by court orders."

“DLF has given ₹25 crore to BJP, but it has also incurred a loss of ₹130 crore in seven years. It received a tax exemption of ₹20 crore. Steel Static Engineering has given ₹12 crore in donations, but has incurred a loss of ₹150 crore in seven years and received a tax exemption of ₹160 crore,” said Singh.

Singh further claimed, “Dhaliwal Infrastructure purchased bonds worth ₹115 crore and gave ₹25 crore to BJP, but paid zero taxes and it has incurred a loss of ₹299 crore in seven years.”

“PRL Developers gave ₹10 crore out of a ₹20 crore bond to BJP, received a tax exemption of ₹4.7 crore, but incurred a loss of ₹1,550 crore. Similarly, Ujwala Pharma, which is Sharat Reddy's company, gave ₹15 crore to BJP in donations, incurred a loss of ₹28 crore, and received a tax exemption of ₹7.20 crore,” said Singh.

He added that Maitra Energy gave BJP around ₹10 crore out of a ₹19 crore bond, but it had incurred a loss of ₹86 crore in seven years, and also received a tax exemption of ₹126 crore.

(Source: IANS)

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