ED's Investigation into Electoral Bonds Scheme
March 2024
Following the Supreme Court's declaration of the electoral bonds scheme as unconstitutional, ED initiated investigations into potential money laundering through anonymous political funding. This case highlights ED's role in ensuring transparency in political financing and its intersection with constitutional governance. The investigation involves examining whether the anonymity provided by electoral bonds facilitated the laundering of proceeds of crime into political donations.
UPSC Angle: Expected questions on electoral reforms, transparency in political funding, role of investigative agencies in ensuring constitutional compliance, and the balance between political autonomy and financial accountability