2013-introduced Electoral Trust Prudent Electoral Trust donated $272m to India's BJP since 2013, with 75% to PM Modi'
Obscure trust Prudent Electoral Trust, run by two men, is the largest-known donor to India's ruling BJP, raising $272m since 2013, with 75% going to PM Modi's party. Trust's donations to BJP are 10 times more than to opposition Congress party. Electoral trusts were introduced in 2013 to allow tax-exempt contributions, but experts say they contribute to opacity in campaign financing.
March 14, 2024
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