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Karnataka High Court Halts Probe Against Nirmala Sitharaman in Electoral Bonds Case

The court issued an interim stay on the investigation into allegations of extortion and criminal conspiracy involving the now-scrapped electoral bonds scheme.

  • The Karnataka High Court stayed the probe against Finance Minister Nirmala Sitharaman and other BJP leaders in connection with alleged extortion through electoral bonds.
  • The FIR, filed based on a complaint by Adarsh Iyer of the Janaadhikara Sangharsha Sanghatane, accuses the BJP of coercing corporate entities into purchasing electoral bonds.
  • The complaint alleges that the BJP benefited by over ₹8,000 crore through this scheme, using Enforcement Directorate raids as a pressure tactic.
  • The court ruled that further proceedings would be an abuse of the process of law until objections are filed, with the next hearing scheduled for October 22.
  • The controversy has sparked political tensions, with the Congress demanding Sitharaman's resignation and a Supreme Court-monitored inquiry into the electoral bonds scheme.
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