Refuting the media reports which claimed that Dravida Munnetra Kazhagam (DMK) has funded Rs 25 crore to left parties, the Communist Party of India (Marxist) has clarified that the "amount" stated in the media reports are concocted.
"Reports have appeared in a section of the media regarding the election funding and expenditure of the CPI (M). This is nothing but disinformation designed to discredit the Party. The "amount" stated in the media report as Party expenditure is concocted," CPI (M) stated in its press release dated September 24.
The press release further stated that all the donations and funds received during the period of the Lok Sabha elections have been reflected in the statement of election accounts which is submitted to the Election Commission of India.
"This includes donations and contributions received from all over the country including Tamil Nadu. Nothing is hidden as falsely alleged. Secondly, the statement of accounts has given the full expenditure incurred by the Party during the elections," it added.
It also stated that all this can be verified when the statement of accounts will be put up on the official website of the Election Commission of India.
According to some media reports, which quoted the election affidavit of the DMK, stated that Rs 25 crore has been given to the opposition parties. A sum of Rs 15 crore was given to the Communist Party of India (CPI) and Rs 10 crore to the Communist Party of India (Marxist).
Further, the reports also claimed that the Left parties have not mentioned this amount in their election expenditure affidavit until now.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
