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NEW DELHI (Reuters) -- India's Supreme Court on Thursday scrapped a seven-year-old election funding system that allows individuals and companies to donate money to political parties anonymously and without any limits, calling it "unconstitutional".
India’s Supreme Court on Thursday struck down a contentious fund-raising mechanism that allowed individuals and corporations to make anonymous political donations, a system that was widely seen as an advantage for Prime Minister Narendra Modi’s governing party.
India’s Supreme Court struck down the validity of a controversial political funding tool on Thursday, a move hailed for boosting transparency, but may do little to damage the ruling Bharatiya Janata Party so close to elections.
Malaysia’s Kuala Lumpur High Court on Thursday slapped 164 charges on the leaders of a local pro-Palestinian NGO for misappropriating some 85 million ringgit (US$17 million) sourced from public donations.
NEW DELHI (AP) — India’s top court on Thursday struck down a controversial election funding system that allowed individuals and companies to send unlimited donations to political parties without the need to disclose donor identity, a system critics have long said is undemocratic and favored Prime Minister Narendra Modi’s ruling party.
Election funding system was challenged by the opposition and activists on grounds that it hindered people’s right to know who gives money to parties.
India’s top court is set to issue a verdict on their legality. What it decides could shape the world’s biggest election.
A New Hampshire libertarian activist and radio show host convicted of using bitcoin to launder tens of millions of dollars in proceeds from romance scams and internet fraud was ordered to pay more than $3.5 million in restitution to 29 primarily elderly victims, prosecutors said Tuesday.