Explain money deposits post demonetisation: EC to BSP

Acting on a plea alleging that the Bahujan Samaj Party (BSP)deposited huge amounts of cash in its accounts post demonetisation, the Election Commission (EC) on Thursday sought response from the party.

"You are requested to send your comments on the issue, along with your version regarding the contributions received in cash by your party and the deposits made in the party's bank accounts," the Commission said in its letter written to the BSP's President and General Secretary.

The poll panel has sought party's reply by March 15.

The Commissions guidelines provide that any amount or donation received in cash shall be duly accounted in relevant account books within a week of its receipt. The party, however, can retain a reasonable amount required for defraying its day-to-day expenses.

The Commission said it has been alleged that huge amounts of money were deposited in the party's bank accounts in cash within a short period and on different days, after the announcement of demonetisation of Rs 500 and Rs 1,000 notes.

There were allegations that over Rs 104 crore belonging to the BSP were deposited in New Delhi.

BSP chief Mayawati had refuted the allegations.

--IANS

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