CSK, India recognizes key borrowers of AIADMK | India News

NEW DELHI: IPL franchise Chennai Super Kings and its promoter India Cements have become major donors to AIADMK through electoral bonds, the Election Commission announced on Sunday.

In fact, all the bonds redeemed by AIADMK were issued by India Cements and Chennai Super Kings, except two by one Gopal Srinivasan, a single donor. The party received electoral bonds worth Rs 6 crore. India Cements and Chennai Super Kings donated Rs 1 crore thrice and 29 bonds worth Rs 10 lakh each.

In contrast, Sharad Pawar's NCP received donations totaling Rs 65.6 million from various sources. The diverse cast included Neotia Foundation, Bharti Airtel, Cyrus Poonawalla, United Shippers, controversial developer Avinash Bhosle, who is under investigation by authorities, Bajaj Finserv, Atul Chordia, United Phosphorus, Oberoi Realty and Abhay Firodia.

Karnataka's JD(S) received bonds worth Rs 90 crore. The company's donors include Embassy Group, Infosys, HealthCare Global Enterprises Pvt Ltd and Bicon Ltd (KM Hosur Road, Electronic City, Bengaluru), Megha Engineering & Constructions P Ltd, JSW Steel, Shahi Exports Pvt Ltd and Biocon Group, among others , which is also under the scanner of ED, Amara Raja Group and Aditya Birla Group.

Shiv Sena received bonds worth Rs 227 crore. The information provided by it shows that the bonds were issued from Mumbai, which accounted for the bulk of the bonds, and also from Hyderabad.

The other parties that disclosed their donors through bonds until EC sought the relevant details on the directions of the Supreme Court in November 2023 include the Maharashtrawadi Gomantak Party (MGP), Samajwadi Party, AAP, Goa Forward Party and Sikkim Democratic Front. SDF received Rs 50 lakh from Vadodara-based Alembic Pharmaceuticals on October 12, 2018.
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