Pune-based Bajaj, Poonawala, Chordia, Bhosle among top funders for NCP during 2019 general elections
All the donations were received between January 10, 2019 and May 7, 2019 — the five-month period during which general elections were being conducted.
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While Cyrus Poonawala subscribed to bonds worth Rs 3.75 crore to donate NCP, Neotia Foundation contribued Rs 1 crore (Express File Photo)The Nationalist Congress Party, which is among the few parties that have disclosed the names of companies or individuals who have contributed to their party fund through subscription of electoral bonds (EBs), received funds amounting to Rs 50.51 crore.
According to the details submitted by the NCP, then undivided, to the Election Commission of India (ECI), the contributors included Cyrus Poonawala, Neotia Foundation, Bharti Airtel, Modern Road Makers Pvt, Bhuta Shah & Co LLP, Avinash Bhosle, Vivek Jadhav, Bajaj Finserv, Bhansali Enam, Atul Chordia, United Phosphorus India, Oberoi Realty and Abhay Firodia.
All the donations were received between January 10, 2019 and May 7, 2019 — the five-month period during which general elections were being conducted.
The documents, however, show that the amount deposited as per the bank statement stood at Rs 37.75 crore as against the EB purchase of Rs 50.51 crore.
While Bajaj Finserv contributed the highest amount of Rs 7.5 crore to the party on March 12 and March 13, 2019, Atul Chordia of Panchshil Realty contributed Rs 5 crore to the party.
According to the documents, while Avinash Bhosle of ABIL Group subscribed to bonds amounting to Rs 4.5 crore, the amount deposited as per bank statement stood at Rs 9 crore.
Another major contributor to NCP ahead of 2019 elections was Infina Infrastructure that contributed Rs 5 crore to the NCP. While Cyrus Poonawala subscribed to bonds worth Rs 3.75 crore to donate NCP, Neotia Foundation contribued Rs 1 crore. Oberoi Realty and United Phosphorus contributed Rs 1 crore and Rs 50 lakh respectively.
“We are unable to furnish detailed particulars of donors against each bond as we neither maintained complete details of the same nor issued any receipts against the Bonds received as initially we were not expected to maintain any details of electoral bearer bonds,” the NCP said in its submission to the ECI.
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