Brief by Shorts91 Newsdesk / 04:09am on 18 Mar 2024,Monday India
Kiran Mazumdar-Shaw, Executive Chairperson of Biocon Ltd, clarified that her company did not make political donations via electoral bonds but stated she personally purchased and donated them to parties, including Janata Dal (Secular). She emphasized her donations were nominal and transparent. This clarification followed a social media claim of her monthly donations of Rs 5 crore before the Karnataka Assembly elections, which she refuted, urging for accurate calculations. Upon reevaluation, her total electoral bond donations amounted to Rs 6 crore. Mazumdar-Shaw's assertion underscores her commitment to funding election campaigns with transparent means.
