CBI registers a case against Megha Engineering, know the full story – India TV Hindi

The CBI registered an FIR against the Megha Engineering Company, which was the first among the purchasers of election bonuses.

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CBI registered a case against Megha Engineering.

The CBI has filed a First Information Report (FIR) against Hyderabad-based Megha Engineering and Infrastructure Limited in an alleged bribery case. Notably, the company bought electoral bonds worth Rs 966 crore and is the second largest buyer of these bonds. An alleged bribe of around Rs 78 lakh was paid to clear Megha Engineering’s bills of Rs 174 crore for works related to the Jagdalpur Integrated Steel Plant, officials said on Saturday. In the FIR, eight officers of NISP and NMDC and two officials of Mekan have also been named in the charge of allegedly accepting bribe.

Megha Engineering is buying electoral bonds.

According to Election Commission data released on March 21, Megha Engineering was the second largest buyer of electoral bonds and donated the highest amount of around Rs 586 crore to the BJP. The company donated Rs 195 crore to BRS, Rs 85 crore to DMK and Rs 37 crore to YSRCP. TDP got around Rs 25 crore from the company while Congress got Rs 17 crore. Let us tell you that recently there has been a lot of politics in the country regarding electoral bonds. The party and the opposition made several accusations against each other.

Controversy over electoral bonds

There was a lot of uproar in the Supreme Court regarding electoral bonds. In fact, the Supreme Court had asked the SBI to disclose the unique code along with the names of parties buying electoral bonds. But many times complete information is not given by SBI. Later, when the information provided by SBI was published on the Election Commission website, it was found that the unique code was not provided. It was only when the Supreme Court showed strictness in the next hearing on the matter that the SBI issued a unique code and shared the latest information.

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