MEIL makes highest contribution of Rs 980 crore to Electoral Bonds from Hyderabad
HYDERABAD: Hyderabad-based infrastructure firm Megha Engineering and Infrastructure Ltd (MEIL) stands out as one of the major contributors to electoral bonds, with a substantial donation of Rs 980 crores between April 2019 and November 2023.
Hyderabad Based Major Organisations involved in Electoral Bonds Scam Case
Megha Engineering private limited MEIL head P.V. Krishna Reddy donated close to 1000 Crores to we all know who. Let me give a little introduction… just see what are the ALLEGATIONS on them then you can guess why they donated so much :- (thread 1/4) #ElectoralBondScam pic.twitter.com/ytaI1xCfkh
— observer (@NewslokkaNagrik) March 14, 2024
Yashoda Hospitals in Hyderabad, owned by G Ravinder Rao and G Surender Rao, also made a notable contribution of Rs 3 crore. Additionally, Navayuga Engineering, the primary contractor for the Polavaram Irrigation project, donated Rs 55 crore and Hetero Group, donated Rs 60 crore
to electoral bonds.
Dr. Reddy’s Laboratories contributed Rs 80 crores, followed closely by Natco Pharma with Rs 70 crores. Aurobindo Pharma also made a notable contribution of Rs 50 crores, while MSN Pharma Group and Greenko each contributed Rs 38 crores and Rs 35 crores, respectively. Additionally, Rajapushpa and My Home Group have contributed Rs 35 crores and Rs 20 crores, respectively.
These contributions have been utilised by a wide array of political parties, including BJP, BRS, YSRCP, Janasena, Congress, AIADMK, Shiv Sena, and others, according to the Election Commission of India.
Bharatiya Rashtra Samithi (BRS), secured the fourth position in the country by receiving a substantial sum of Rs 913 crore through electoral bonds from 2017-18 to 2022-23.
List of Hyderabad-based companies which made donations to electoral bonds
- Megha Engineering and Infrastructure Ltd: Rs 980 crores
- Dr Reddy’s Laboratories: Rs 80 crores
- Natco Pharma: Rs 70 crores
- Navayuga Engineering: Rs 66 crores
- Hetero Drugs: Rs 69 crores
- Aurobindo Pharma: Rs 50 crores
- MSN Pharma Group: Rs 38 crores
- Greenko: Rs 35 crores
- Rajapushpa: Rs 35 crores
- My Home Group: Rs 20 crores
BREAKING! BJP RECEIVED ₹6061 (47.46%) CRORE!
Electoral bonds data received from SBI, Here is the summary of the amount received by the political parties. Also included top donors. pic.twitter.com/BLGXqozXyU— Mohammed Zubair (@zoo_bear) March 14, 2024