{"id":188672,"date":"2024-03-17T15:50:07","date_gmt":"2024-03-17T10:20:07","guid":{"rendered":"https:\/\/www.altnews.in\/english-clone-2026\/?p=188672"},"modified":"2024-03-17T15:55:01","modified_gmt":"2024-03-17T10:25:01","slug":"hub-power-company-on-electoral-bonds-list-is-not-a-pakistani-firm","status":"publish","type":"post","link":"https:\/\/www.altnews.in\/english-clone-2026\/hub-power-company-on-electoral-bonds-list-is-not-a-pakistani-firm\/","title":{"rendered":"&#8216;Hub Power Company&#8217; on Electoral Bonds list is not a Pakistani firm"},"content":{"rendered":"<p>Following an order by a five-judge Bench of the Supreme Court led by Chief Justice of India D Y Chandrachud, the Election Commission of India (ECI) <a href=\"https:\/\/www.eci.gov.in\/disclosure-of-electoral-bonds\" target=\"_blank\" rel=\"noopener\">published the electoral bond details<\/a> on their official website on March 14 in two parts. The first part included details of the donors such as the date of donation, the name of the purchaser and the amount. Part 2 comprised the details specific to each political party, such as dates, party names and amounts. This revealed that the BJP had encashed electoral bonds worth <a href=\"https:\/\/archive.is\/20240315025553\/https:\/\/www.thehindu.com\/data\/electoral-bonds-data-bjp-received-rs-6060-crore-highest-among-all-parties\/article67951830.ece#selection-1443.27-1443.71\" target=\"_blank\" rel=\"noopener\">\u20b96060.5 crores<\/a>, the highest among all the political parties. The data regarding who donated to whom is <a href=\"https:\/\/economictimes.indiatimes.com\/news\/india\/electoral-bonds-saga-sc-pulls-up-sbi-for-not-sharing-unique-serial-number-on-poll-bonds-issues-notice\/articleshow\/108513184.cms\" target=\"_blank\" rel=\"noopener\">yet to be published<\/a>.<\/p>\n<p>Against the backdrop of this, social media users have singled out an entity named &#8216;Hub Power Company&#8217; from the purchaser list. The said company had purchased electoral bonds on April 18, 2019. Several users claim that the company is from Pakistan. While some claimed that it had donated to the BJP, others stated that donations were made to Congress.<\/p>\n<p>X (formerly Twitter) page Samajwadi Prahari (@SP_Prahari) affiliated with the Samajwadi Party tweeted on March 15: &#8220;Pakistani company Hub Power Company donated Rs 95 lakh to BJP during the 2019 Lok Sabha elections. At the same time, our soldiers were also killed in Pulwama. I have never seen a traitorous party like the BJP. Why does the BJP love Pakistani companies so much? This was the reason why BJP wanted to hide the donations.&#8221; (<a href=\"https:\/\/archive.is\/adV4c\" target=\"_blank\" rel=\"noopener\">Archive<\/a>)<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"hi\">\u092a\u093e\u0915\u093f\u0938\u094d\u0924\u093e\u0928\u0940 \u0915\u0902\u092a\u0928\u0940 Hub Power Company \u0928\u0947 \u0938\u093e\u0932 2019 \u0932\u094b\u0915\u0938\u092d\u093e \u091a\u0941\u0928\u093e\u0935 \u0915\u0947 \u0938\u092e\u092f BJP \u0915\u094b 95 \u0932\u093e\u0916 \u0930\u0942\u092a\u092f\u0947 \u091a\u0902\u0926\u093e \u0926\u093f\u092f\u093e\u0964\u0907\u0938\u0940 \u0938\u092e\u092f \u092a\u0941\u0932\u0935\u093e\u092e\u093e \u092e\u0947 \u092d\u0940 \u0939\u092e\u093e\u0930\u0947 \u091c\u0935\u093e\u0928\u094b\u0902 \u0915\u0940 \u0939\u0924\u094d\u092f\u093e \u0939\u0941\u0908 \u0925\u0940\u0964 BJP \u091c\u0948\u0938\u093e \u0926\u0947\u0936\u0926\u094d\u0930\u094b\u0939\u0940 \u092a\u093e\u0930\u094d\u091f\u0940 \u0906\u091c \u0924\u0915 \u0928\u0939\u0940 \u0926\u0947\u0916\u093e \u0925\u093e \u092e\u0948\u0902\u0928\u0947\u0964 \u092a\u093e\u0915\u093f\u0938\u094d\u0924\u093e\u0928\u0940 \u0915\u0902\u092a\u0928\u093f\u092f\u094b\u0902 \u0938\u0947 \u092d\u093e\u091c\u092a\u093e \u0915\u094b \u0907\u0924\u0928\u093e \u092a\u094d\u092f\u093e\u0930 \u0915\u094d\u092f\u094b\u0902? \u092f\u0939\u0940 \u0915\u093e\u0930\u0923 \u0925\u093e \u0915\u0940 \u092d\u093e\u091c\u092a\u093e \u091a\u0902\u0926\u093e\u2026 <a href=\"https:\/\/t.co\/piV51vbQ9x\">pic.twitter.com\/piV51vbQ9x<\/a><\/p>\n<p>\u2014 Samajwadi Prahari (@SP_Prahari) <a href=\"https:\/\/twitter.com\/SP_Prahari\/status\/1768465461006754269?ref_src=twsrc%5Etfw\">March 15, 2024<\/a><\/p><\/blockquote>\n<p>X page We Dravidians (@WeDravidians) made the same claim on March 14. The tweet has received over 1.18 lakh views and has been retweeted over 1,400 times. (<a style=\"background-color: #ffffff\" href=\"https:\/\/archive.is\/K7stY\" target=\"_blank\" rel=\"noopener\">Archive<\/a>)<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/hashtag\/BJP?src=hash&amp;ref_src=twsrc%5Etfw\">#BJP<\/a> : The Pakistan Agents \ud83d\udea8<br \/>\nConfirmed!!!<br \/>\n***<br \/>\nPakistan based company, Hub Power Company, donated Electoral Bonds weeks after the <a href=\"https:\/\/twitter.com\/hashtag\/Pulwama?src=hash&amp;ref_src=twsrc%5Etfw\">#Pulwama<\/a> attack!<\/p>\n<p>When the entire country was mourning the loss of 40 brave soldiers, someone was enjoying funding from Pakistan.<\/p>\n<p>Now you know why no\u2026 <a href=\"https:\/\/t.co\/r35ydPnDjE\">pic.twitter.com\/r35ydPnDjE<\/a><\/p>\n<p>\u2014 We Dravidians (@WeDravidians) <a href=\"https:\/\/twitter.com\/WeDravidians\/status\/1768324611035562328?ref_src=twsrc%5Etfw\">March 14, 2024<\/a><\/p><\/blockquote>\n<p>X user Vivekanand Gupta \ud83c\uddee\ud83c\uddf3(Modi Ka Parivar) (@vivekanandg), whose bio says he is the secretary of BJP Mumbai, made the claim that Pakistan-based &#8216;Hub Power Company&#8217; had donated to Congress. The tweet has received over 43,000 views and has been retweeted over 600 times. (<a href=\"https:\/\/archive.is\/6UhP9\" target=\"_blank\" rel=\"noopener\">Archive<\/a>)<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">SHOCKING \ud83d\udea8<\/p>\n<p>Pakistan based company, Hub Power Company, donated Electoral Bonds weeks after the Pulwama attack!<\/p>\n<p>When the entire country was mourning the loss of 40 brave soldiers, someone was enjoying funding from Pakistan.<\/p>\n<p>The same day <a href=\"https:\/\/twitter.com\/hashtag\/Congress?src=hash&amp;ref_src=twsrc%5Etfw\">#Congress<\/a> got donations in same pattern <a href=\"https:\/\/t.co\/9hBGsgF7Gg\">pic.twitter.com\/9hBGsgF7Gg<\/a><\/p>\n<p>\u2014 Vivekanand Gupta \ud83c\uddee\ud83c\uddf3(Modi Ka Parivar) (@vivekanandg) <a href=\"https:\/\/twitter.com\/vivekanandg\/status\/1768347258461012048?ref_src=twsrc%5Etfw\">March 14, 2024<\/a><\/p><\/blockquote>\n<p>Several other social media users shared a screenshot of the purchaser list and made similar claims. Below are a few instances.<\/p>\n<div id='gallery-1' class='gallery galleryid-188672 gallery-columns-3 gallery-size-full'><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.altnews.in\/english-clone-2026\/hub-power-company-on-electoral-bonds-list-is-not-a-pakistani-firm\/whatsapp-image-2024-03-15-at-14-52-35_f9fe2665\/'><img loading=\"lazy\" decoding=\"async\" width=\"1095\" height=\"1600\" src=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/WhatsApp-Image-2024-03-15-at-14.52.35_f9fe2665.jpg\" class=\"attachment-full size-full\" alt=\"\" srcset=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/WhatsApp-Image-2024-03-15-at-14.52.35_f9fe2665.jpg 1095w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/WhatsApp-Image-2024-03-15-at-14.52.35_f9fe2665-205x300.jpg 205w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/WhatsApp-Image-2024-03-15-at-14.52.35_f9fe2665-701x1024.jpg 701w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/WhatsApp-Image-2024-03-15-at-14.52.35_f9fe2665-768x1122.jpg 768w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/WhatsApp-Image-2024-03-15-at-14.52.35_f9fe2665-1051x1536.jpg 1051w\" sizes=\"auto, (max-width: 1095px) 100vw, 1095px\" \/><\/a>\n\t\t\t<\/div><\/figure><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.altnews.in\/english-clone-2026\/hub-power-company-on-electoral-bonds-list-is-not-a-pakistani-firm\/screenshot-2024-03-16-114133\/'><img loading=\"lazy\" decoding=\"async\" width=\"1074\" height=\"1322\" src=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114133.jpg\" class=\"attachment-full size-full\" alt=\"\" srcset=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114133.jpg 1074w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114133-244x300.jpg 244w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114133-832x1024.jpg 832w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114133-768x945.jpg 768w\" sizes=\"auto, (max-width: 1074px) 100vw, 1074px\" \/><\/a>\n\t\t\t<\/div><\/figure><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.altnews.in\/english-clone-2026\/hub-power-company-on-electoral-bonds-list-is-not-a-pakistani-firm\/screenshot-2024-03-16-114142\/'><img loading=\"lazy\" decoding=\"async\" width=\"1080\" height=\"1276\" src=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114142.jpg\" class=\"attachment-full size-full\" alt=\"\" srcset=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114142.jpg 1080w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114142-254x300.jpg 254w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114142-867x1024.jpg 867w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114142-768x907.jpg 768w\" sizes=\"auto, (max-width: 1080px) 100vw, 1080px\" \/><\/a>\n\t\t\t<\/div><\/figure><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.altnews.in\/english-clone-2026\/hub-power-company-on-electoral-bonds-list-is-not-a-pakistani-firm\/screenshot-2024-03-16-114154\/'><img loading=\"lazy\" decoding=\"async\" width=\"1077\" height=\"1293\" src=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114154.jpg\" class=\"attachment-full size-full\" alt=\"\" srcset=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114154.jpg 1077w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114154-250x300.jpg 250w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114154-853x1024.jpg 853w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114154-768x922.jpg 768w\" sizes=\"auto, (max-width: 1077px) 100vw, 1077px\" \/><\/a>\n\t\t\t<\/div><\/figure><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/www.altnews.in\/english-clone-2026\/hub-power-company-on-electoral-bonds-list-is-not-a-pakistani-firm\/screenshot-2024-03-16-114247\/'><img loading=\"lazy\" decoding=\"async\" width=\"1073\" height=\"1064\" src=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114247.jpg\" class=\"attachment-full size-full\" alt=\"\" srcset=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114247.jpg 1073w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114247-300x297.jpg 300w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114247-1024x1015.jpg 1024w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114247-150x150.jpg 150w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114247-768x762.jpg 768w\" sizes=\"auto, (max-width: 1073px) 100vw, 1073px\" \/><\/a>\n\t\t\t<\/div><\/figure><figure class='gallery-item'>\n\t\t\t<div class='gallery-icon portrait'>\n\t\t\t\t<a href='https:\/\/www.altnews.in\/english-clone-2026\/hub-power-company-on-electoral-bonds-list-is-not-a-pakistani-firm\/screenshot-2024-03-16-114308\/'><img loading=\"lazy\" decoding=\"async\" width=\"945\" height=\"1001\" src=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114308.jpg\" class=\"attachment-full size-full\" alt=\"\" srcset=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114308.jpg 945w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114308-283x300.jpg 283w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-16-114308-768x814.jpg 768w\" sizes=\"auto, (max-width: 945px) 100vw, 945px\" \/><\/a>\n\t\t\t<\/div><\/figure>\n\t\t<\/div>\n\n<h4>Fact Check<\/h4>\n<p>To begin with,\u00a0we noticed that there is a power-generation company called <a href=\"https:\/\/hubpower.com\/about-us\/\" target=\"_blank\" rel=\"noopener\">Hub Power Company Limited (HUBCO)<\/a> in Pakistan&#8217;s Balochistan. The company shared a statement from their official X handle where they clarified that they were not associated with the Hub Power Company in India or any other company from the country. They also mentioned that the payments that are being attributed to HUBCO in the Indian media had no connection with them.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"zxx\"><a href=\"https:\/\/t.co\/TIed2fBYvj\">pic.twitter.com\/TIed2fBYvj<\/a><\/p>\n<p>\u2014 Hubco (@TheHubPowerCo) <a href=\"https:\/\/twitter.com\/TheHubPowerCo\/status\/1768543797628014821?ref_src=twsrc%5Etfw\">March 15, 2024<\/a><\/p><\/blockquote>\n<p>According to rules of purchase of Electoral Bonds set by the <a href=\"https:\/\/pib.gov.in\/newsite\/PrintRelease.aspx?relid=175194\" target=\"_blank\" rel=\"noopener\">government in 2018<\/a>, only a citizen of India or an entity incorporated in India is eligible to buy the bonds.<\/p>\n<p><a href=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/2024-03-17-15_54_23-The-Government-of-India-notifies-the-Scheme-of-Electoral-Bonds-to-cleanse-the-sy.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-188824\" src=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/2024-03-17-15_54_23-The-Government-of-India-notifies-the-Scheme-of-Electoral-Bonds-to-cleanse-the-sy-1024x912.png\" alt=\"\" width=\"810\" height=\"721\" srcset=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/2024-03-17-15_54_23-The-Government-of-India-notifies-the-Scheme-of-Electoral-Bonds-to-cleanse-the-sy-1024x912.png 1024w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/2024-03-17-15_54_23-The-Government-of-India-notifies-the-Scheme-of-Electoral-Bonds-to-cleanse-the-sy-300x267.png 300w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/2024-03-17-15_54_23-The-Government-of-India-notifies-the-Scheme-of-Electoral-Bonds-to-cleanse-the-sy-768x684.png 768w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/2024-03-17-15_54_23-The-Government-of-India-notifies-the-Scheme-of-Electoral-Bonds-to-cleanse-the-sy-1536x1368.png 1536w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/2024-03-17-15_54_23-The-Government-of-India-notifies-the-Scheme-of-Electoral-Bonds-to-cleanse-the-sy.png 2028w\" sizes=\"auto, (max-width: 810px) 100vw, 810px\" \/><\/a><\/p>\n<p>Next, we ran a relevant keyword search on Google and came across a <a href=\"https:\/\/m.indiamart.com\/hub-power-company\/aboutus.html\" target=\"_blank\" rel=\"noopener\">company profile<\/a> with the name &#8216;Hub Power Company&#8217; on IndiaMart. In The company is said to be based in Delhi, India.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-188678 aligncenter\" src=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-15-181153-214x300.png\" alt=\"\" width=\"544\" height=\"763\" srcset=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-15-181153-214x300.png 214w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-15-181153-731x1024.png 731w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-15-181153.png 1002w\" sizes=\"auto, (max-width: 544px) 100vw, 544px\" \/><\/p>\n<p>To further confirm the above, we <a href=\"https:\/\/services.gst.gov.in\/services\/searchtp\" target=\"_blank\" rel=\"noopener\">searched<\/a> the company under taxpayers on the government of India&#8217;s official website for Goods and Services Tax. Here, too, the office location of the company is mentioned as Delhi, India.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-188680 aligncenter\" src=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-15-182238-281x300.png\" alt=\"\" width=\"599\" height=\"640\" srcset=\"https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-15-182238-281x300.png 281w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-15-182238-959x1024.png 959w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-15-182238-768x820.png 768w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-15-182238-1439x1536.png 1439w, https:\/\/www.altnews.in\/english-clone-2026\/wp-content\/uploads\/sites\/10\/2024\/03\/Screenshot-2024-03-15-182238.png 1544w\" sizes=\"auto, (max-width: 599px) 100vw, 599px\" \/>Interestingly, this page showed that the firm&#8217;s GST registration had been cancelled on the same day as it was registered. Independent media outlet Newslaundry&#8217;s Project Electoral Bond looked into further details about the firm&#8217;s representative mentioned on the page, a certain Ravi Mehra, but he could not be found, and the <a href=\"https:\/\/www.newslaundry.com\/2024\/03\/16\/pakistan-firm-or-delhi-fraud-the-truth-behind-hub-power-which-purchased-bonds-in-2019\" target=\"_blank\" rel=\"noopener\">investigation hit a dead end<\/a>.<\/p>\n<p>The report quotes a Delhi government GST department as saying that &#8220;Hub Power was a &#8216;fake company&#8217;, which was eventually shut down&#8221;. &#8220;A senior official at the department said the company was ostensibly set up \u201cto commit fraud\u201d. \u201cWe found out that the company did not do the business it claimed to do. The department took\u00a0<em>suo motu\u00a0<\/em>cognizance and cancelled its registration.\u201d<\/p>\n<p>To sum up, it is clear that the Hub Power Company, which is mentioned as a purchaser of electoral bonds in the recently released ECI data, can not be based in Pakistan. There used to be a firm named Hub Power Company in Delhi, but no further details about it could be found. The readers should also note that with the Electoral Bond data available in public domain as of March 17, it is impossible to link a donor to a political party. Hence, all the claims about Congress or the BJP benefiting from the donation made by Hub Power Company are mere speculation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following an order by a five-judge Bench of the Supreme Court led by Chief Justice of India D Y Chandrachud, the Election Commission of India (ECI) published the electoral bond details on their official website on March 14 in two parts. 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