Showing posts with label Thief SBI. Show all posts
Showing posts with label Thief SBI. Show all posts

Monday, March 18, 2024

#ElectoralBondScam : The Coverup begins

 ABC.zip : 1315 attempts of Obfuscation by Election Commission 

Yesterday afternoon Election Commission released another File "ABC.zip" in the same webpage where it was releasing the Electoral Bond data : Disclosure of electoral bonds

Godi Media and independent media started cherry picking some of those documents and started obfuscating the good data based investigations that had started . 

I have downloaded and unzipped the files, those are communications between Election Commission Of India and all political parties, not only national Parties, but also, state level regional parties and even unrecognised unknown Political Outfits. 

1315 files were in that zip files, structured (or burned) in folders named:

  • box1
  • box2
  • Sealed Envelope (so some sealed envelopes can be opened and contents shared with public [Just not the rafale Envelope ])

Thereafter there are numerous subfolders and inside mostly are one page communications by most political Parties saying either that they have not received any Electoral Bonds or big parties saying how much Bonds they received but denying that they've any knowledge of any identity of the donor. 

 Well, there are some exceptions like DMK or J&K National Conference.. however it is important to remember,  according to now struck down unconstitutional law, only SBI knew the data of real purchaser as parties had to depend on voluntary disclosure of Bond Donors, who themselves can be couriers or real purchasers. 

Did Election Commission needed to disclose letters of hundreds of parties, who has never even received a single Electoral Bond ? No.

According to SBI, only 24 Political Parties received and encashed Electoral  Bonds since 12th April 2019 and they are: 

Sl No. Party Name (as given by SBI) Party Acronym 
1 BHARTIYA JANTA PARTY BJP
2 ALL INDIA TRINAMOOL CONGRESS AITMC
3 PRESIDENT, ALL INDIA CONGRESS COMMITTEE Congress 
4 BHARAT RASHTRA SAMITHI BRS
5 BIJU JANATA DAL BJD
6 DMK PARTY IN PARLIAMENT DMK
7 YSR CONGRESS PARTY (YUVAJANA SRAMIKA R YSR Congress 
8 TELUGU DESAM PARTY TDP
9 "SHIVSENA (POLITICAL PARTY)" and also "SHIVSENA" SS
10 "RASHTRIYA JANTA DAL" and  also "RASTRIYA JANTA DAL" RJD
11 AAM AADMI PARTY AAP
12 JANATA DAL ( SECULAR ) JD(S)
13 SIKKIM KRANTIKARI MORCHA SKM
14 "NATIONALIST CONGRESS PARTY MAHARASHTRA PRADESH" and also
"NATIONALIST CONGRESS PARTY PARLIAMENT OF "
NCP
15 JANASENA PARTY JanaSena
16 ADYAKSHA SAMAJVADI PARTY SP
17 BIHAR PRADESH JANTA DAL(UNITED) JDU 
18 JHARKHAND MUKTI MORCHA JMM
19 SHIROMANI AKALI DAL SAD
20 ALL INDIA ANNA DRAVIDA MUNNETRA KAZHAGAM AIADMK 
21 SIKKIM DEMOCRATIC FRONT SDF
22 MAHARASHTRAWADI GOMNTAK PARTY MGP
23 JAMMU AND KASHMIR NATIONAL CONFERENCE J&K NC
24 GOA FORWARD PARTY GFP

I have taken the liberty of summarising those 20421 lines of encashed electoral bonds and arranging them in the order of money they encashed. If you want these party names in image format, I provide that below:

 


 As you can see, State Bank of India who is extremely fussy about Individual's identity and its "KYC" protocols is quite laxed when it comes to Parties name! At least 3 parties name came with 2 different names and plenty more party names are replaced with office holder's title and sometimes even outright incomplete or incorrect. 

But since only 24 parties encashed Electoral Bonds, so we managed to get their real names.

So Election Commission could have released just these 24 parties communications in a separate zip to make concerned citizens life a little less hard.

So which party recieved how much money:

I have that list also (I will be back with more analysis shortly)and here it is:

Party Acronym  No of bonds encashed  Total Amount Encashed 
BJP 8633  60,605,111,000.00 
AITMC 3305  16,095,314,000.00 
Congress  3146  14,218,655,000.00 
BRS 1806  12,147,099,000.00 
BJD 861  7,755,000,000.00 
DMK 648  6,390,000,000.00 
YSR Congress  472  3,370,000,000.00 
TDP 279  2,188,800,000.00 
SS 355  1,593,814,000.00 
RJD 150  735,000,000.00 
AAP 245  654,500,000.00 
JD(S) 75  435,000,000.00 
SKM 50  365,000,000.00 
NCP 121  310,000,000.00 
JanaSena 39  210,000,000.00 
SP 46  140,500,000.00 
JDU  14  140,000,000.00 
JMM 45  135,000,000.00 
SAD 33  72,600,000.00 
AIADMK  38  60,500,000.00 
SDF 10  55,000,000.00 
MGP 28  5,500,000.00 
J&K NC 5  5,000,000.00 
GFP 17  3,500,000.00 

Saturday, March 16, 2024

SBI's Biggest Fraud in Independent India: Electoral Bond

 Stupid Indian Media can't even Analyse SBI's fraudulent Data: Even Supreme Court Lordships are all at sea, seeing such large data.

Corrupt SBI bankers were banking that if they toss a few company names, Indian Media won't check the completeness of this data and that has happened. Indian Media is busy gobbling up the names and even showcasing "Corrupt Companies" who donated "Electoral Bonds" (as Supreme Court has suggested for "Quid Pro Quo" deals) as "Top Political Donors".

So let's analyse what SBI has done :

They handed over two INCOMPLETE reports saved as PDF files and Election Commission Of India has released them in "as is" form on the website . 

Technically , it didn't take SBI back-office guys even 10 minutes to do it.

First let us look at the donor file:


 


Just a 3 column report, showing Purchase date, Purchaser Name and Denomination mentioned in that Electoral Bond. 

The data is arranged by Purchase date (earliest first) and then Name of the Purchaser (arranged alphabetically) and then perhaps by THE HIDDEN ELECTORAL BOND ID .

Every line denotes a single Electoral Bond.

 132 Electoral Bonds of Rs. 1000

  220 Bonds of Rs. 10,000

  2228 Electoral Bonds of 100,000 ( 1 lakh)

  4620 Bonds of 1 million rupees (10 lakh)

 11671 whooping number of Bonds of 10 million (1 crore) each.

Note: Earliest data here is from 12/April/2019. Which is in the middle of "Electoral Bond" sale ahead of last Parliamentary election in the year of 2019. Why Supreme court allowed "half of an election cycle" data, is beyond me.

In this dataset published by Election Commission, SBI cashed out More money to Parties than the Bonds they sold.

Or Deliberately gave incomplete data:

Let us look at the data of encashing of Bonds now.. lets start at page one of the PDF shall we!

 


 Just a 3 column report, showing date of Encashment, Party Name and Denomination mentioned in that Electoral Bond.

The data is arranged by Date (earliest first) and then Name of the Party (arranged alphabetically) and then perhaps by THE HIDDEN ELECTORAL BOND ID . Note that AIADMK name comes at the top in Page 1 only because of Alphabetical ordering of this list.

Here also the first entry is from 12th April, 2019.

Every line denotes a single Electoral Bond.

 103 Electoral Bonds of Rs. 1000 each

  219 Bonds of Rs. 10,000

These two data for lower denominations are marginally lower than bonds sold as investigative journalists bought a few to check what is inside the so called "Anonymous Bonds" ..

  2526 Electoral Bonds encashed of denomination of Rs. 100,000 ( 1 lakh) against 2228 Bonds sold, that's an excess of 298 Bond certificates.

  5366 Bonds of 1 million rupees (10 lakh) cashed out by SBI while they only sold 4620 bond certificates in the same date period.  Excess of 746 certificates.

 12201 , that's 536 massive number of excess Electoral Bonds of 10 million (1 crore) denomination encashed by SBI as they sold that grand number of 11671 .

So SBI has hidden over 1500 Electoral Bond Purchases amounting to values of over 600 crores from the period of 12th April, 2019. If only the Lordships knew HOW TO ADD NUMBERS hidden in a PDF files, they would have figured it out themselves. Or SBI must have paid over 600 crore to some political party on their own.

 Fraud started from DAY 1, that is, 12/April/2019.. 517 Electoral Bonds were encashed from SBI, while only 279 Electoral Bonds were sold that day by SBI.

Pattern continues on next day also, 15/April/2019, only 187 Electoral Bonds sold by SBI but 248 Electoral Bonds encashed by various Political parties. 

16/April/2019, 392 bonds encashed while SBI sold only 350 Electoral Bonds.

 

Proving beyond any doubt that SBI has indeed hidden Electoral Bond data, especially who purchased such bonds ..

Rejoinder: Supreme Court has indeed picked up issues with this list, as critical "Unique Electoral Bond ID" is missing, when I was busy doing analysis of the data.  But SBI has furnished Incomplete Data and I guess nobody added the total of Both lists and noticed the discrepancy as yet. 

 

In spite of different font size,  this should have been obvious to all as Purchase data in released in 337 page PDF while encashment data is released in 426 page PDF.

 

 So SBI has hidden at least 1550 Electoral Bond Purchase data and the value of those Bonds are at Least 613 crore 57 lakh 61 thousand rupees. AT LEAST!!!