SBI chairman Nirmala need to resign for postponing information on electoral bonds: President of TNCC

On Monday, TNCC president K Selvaperunthagai called on State Bank of India chairman Dinesh Kumar Khara and Union Finance Minister Nirmala Sitharaman to step down for allegedly abusing their authority to postpone providing information on election bonds, as required by the Supreme Court.

Speaking to the media following the Supreme Court’s decision on Monday that the uploading of details must be completed by March 15 and cannot be postponed, Selvaperunthagai blasted the union government for allegedly using SBI to hide the BJP’s “unethical mobilization of funds” through electoral bonds. He said that the SBI requested more time to provide the facts as a result of pressure from the union government.

Selvaperunthagai emphasized that all other political parties, with the exception of the BJP and its coalition partners, had applauded the Supreme Court’s decision and had said that they wanted the specifics made public. He emphasized the need for openness in revealing the amount of money that businesses have donated to the BJP as party finances, particularly in light of investigations by the Income Tax Department and the Enforcement Directorate (ED).