Wednesday, Oct 01, 2014

Funds under govt glare,Kejriwal says donate no more

Written by Aniruddha Ghosal | New Delhi | Posted: November 18, 2013 4:58 am

Even as the overseas funding received by the Aam Aadmi Party came under the Centre’s scrutiny,its convener Arvind Kejriwal on Sunday urged supporters not to contribute any further.

“This is their clean,hard-earned money,which I am sure will go a long way in cleaning up Indian politics,” Kejriwal said,while thanking donors.

The party’s official website records a total donation of Rs 20,04,60,595.54,of which Rs 4 lakh was donated on Sunday. Of the total funds,69.85 per cent of the donations have come from India,10.08 per cent from the US, 5.72 per cent from Hong Kong and 3.14 per cent from UAE,the website shows.

While sources of the party’s overseas funding are being questioned,Kejriwal had denied allegations of violating the Foreign Contribution Regulation Act (FCRA) and has said the party took donations only from NRIs with Indian passports.

The largest donation so far has been made by former law minister Shanti Bhushan,who contributed Rs 1 crore in November 2012. Bhushan’s son,Prashant is a member of AAP national executive.

The second-highest contribution was made by a Hong Kong-based banker,Amit Agarwal,who donated Rs 50.3 lakh in September. The 40-year-old,who grew up in Delhi and moved to Hong Kong a decade ago,claimed that he had donated a large part of his savings to AAP.

According to the AAP website,the top donors include Hero Cycles (Rs 30 lakh),Vikrant Jindal (Rs 21 lakh),Pranav Thakur (Rs 20 lakh) and Atul M Ramaiya (Rs 20 lakh). The donations made by the top donors — Rs 2.41 crore — account for an eighth of the party’s total funds for the Delhi elections,the website showed.

The rest of the funds,AAP leaders claimed,had come from “people-next-door”. “It is interesting that a large part of the donations came from small donors. It is the reaction of the common man against corruption,in the hope of a better future,” AAP member Manish Sisodia said.

Funds break-up

Total funds:

Rs 20,04,60,595.54

Rs 4 lakh donated on Nov 17

India: 69.85% (Rs 14,00,38,228.38)

US: 10.08% (Rs 2,16,50,994)

Hong Kong: 5.72% (Rs 1,14,79,303)

UAE: 3.14% (Rs 62,95,317)

Source: AAP website

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