Updated On: 15 March, 2024 05:17 PM IST | Mumbai | mid-day online correspondent
"The scheme was introduced to "legalise bribery" and to ensure that the ruling party is the biggest beneficiary," P Chidambaram said

P Chidambaram. File pic
With the electoral bonds data put out in public domain, senior Congress leader and former finance minister P Chidambaram on Friday said the scheme was introduced to "legalise bribery" and to ensure that the ruling party is the biggest beneficiary. Chidambaram`s remarks came a day after the Election Commission put up the data on electoral bonds on its website.
Talking at a conclave organised by a media house, Chidambaram also said that, "Elections are a festival of democracy and must have lot of rhetoric, song dance, speeches etc. They have restricted everything. Allow larger limit of expenditure for candidates. Nobody can fight and win an election on these ridiculously low amounts," he said. "Instead of a multi-pronged approach, electoral bonds were introduced, which were devised to "legalise bribery" and ensure that the ruling party is the biggest beneficiary, the Congress leader said", Chidamanbaram added, reported news wire PTI.