August 16, 2026 09:11 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
After SC rebuke, BCI chief apologises to NALSAR students over enrolment freeze row | Independence Day: PM Modi’s big youth pitch— AI training, free coaching amid exam row and job concerns | ‘Shakti Ki Saptadhara’: Modi reveals 7 pillars to power India’s next leap in his I-Day speech from Red Fort | West Bengal STF arrests 3 more suspected Pakistani spies in Cooch Behar | Bengal man arrested in Bengaluru over terror links, Afghanistan travel plan | Ajit Doval breaks silence on Operation Sindoor in Discovery’s explosive new docuseries | Rahul Gandhi's 'mock hug' taunt sparks row; Centre stresses 'mutual respect' with Italy | Delhi on high alert: Bomb threat to High Court, airport and multiple locations ahead of I-Day | ‘Who are they to interfere?’: CJI Surya Kant slams Bar Council of India over NALSAR students’ enrolment row | 'Shows how low Congress has sunk': BJP slams Rahul Gandhi over Modi foreign policy jibe
Electoral Bond
Photo courtesy: PIB

Nirmala Sitharaman should resign on moral grounds: Congress on extortion allegations against FM

| @indiablooms | Sep 30, 2024, at 07:32 pm

New Delhi/IBNS: The Congress has demanded Union Finance Minister Nirmala Sitharaman's resignation "on moral grounds" after the Bharatiya Janata Party leader has been named in a First Information Report following allegations of extortion involving the now-defunct electoral bonds.

The complaint, filed by Adarsh Iyer from Janaadhikara Sangharsha Sanghatane, accused Sitharaman and others of using the electoral bonds for extortion, reports say.

As a result, the Special Court for People's Representatives in Bengaluru has ordered the FIR, which has been registered against Sitharaman and other accused parties.

Speaking to ANI, Congress leader Jairam Ramesh said, "... The ED, IT and CBI have been misused, threats were made to secure funds... The FIR has not been registered by the Congress but a special court on the basis of a complaint filed by an individual. This is the main issue in Karnataka. The Union Finance Minister should resign on moral grounds."

The electoral bonds scheme, introduced by the Centre in 2018 to replace cash donations to political parties and aimed at enhancing transparency in political funding, was declared "unconstitutional" by the Supreme Court in February, which stated it violated citizens' right to information.

Reacting to the FIR, Karnataka Chief Minister Siddaramaiah called for Sitharaman's resignation and demanded a report on the investigation be submitted within three months.

"An FIR has been registered against Nirmala Sitharaman in the Special Court for People's Representatives. Who is she? She is a Union Minister, and there is an FIR against her too. They were involved in extortion through electoral bonds, and the FIR has been registered on that. She should tender her resignation after the FIR has been registered. Will they (BJP) ask her to resign?" he was quoted as saying by India Today.

He further added, "Now, as per Section 17A (of the Prevention of Corruption Act), the investigation must be completed and a report should be submitted within three months. Based on that, they have registered the FIR and are investigating further."

Section 17A of the Prevention of Corruption Act requires prior approval from a competent authority before investigating any allegations against public servants, providing additional protection against frivolous charges.

Siddaramaiah himself will also be investigated under Section 17A in connection with alleged irregularities in the MUDA case.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.