AMN / NEW DELHI

Supreme Court has refused to grant an interim stay on the operation of the Electoral Bonds Scheme. A bench headed by Chief Justice of India Ranjan Gogoi, while hearing the petition of an NGO, Friday said the issue requires a detailed hearing and, therefore, it will be taken up on 10th April. The bench also asked the NGO to file an appropriate application.

The petitioner, in its plea, has alleged that thousands of crore are anonymously being given to political parties under the scheme.

The Centre insists that the scheme was brought to check the flow of black money into political funding.

The Electoral Bond Scheme was notified by the Centre in January last year.