Panel debates massive poll funding to unrecognised parties, warns of money‑laundering risk

A panel of political analysts and financial experts gathered to examine the recent surge in poll funding directed at parties that are not recognised by the Election Commission. The discussion focused on the scale of the money flowing into these groups and the opacity surrounding its source.

Panelists warned that the lack of transparent accounting creates fertile ground for money‑laundering activities, undermining the integrity of the electoral process. They cited examples where large sums were transferred through shell entities, making it difficult for regulators to trace the origin of the funds.

The experts called for stricter disclosure norms, including mandatory reporting of all contributions to unrecognised parties and enhanced powers for the Enforcement Directorate to investigate suspicious transactions. They also suggested that the Election Commission consider revising its criteria for party recognition to close existing loopholes.

The debate comes at a critical juncture, with national elections looming and several regional contests already underway. Stakeholders agreed that immediate policy action is essential to prevent the erosion of public confidence in democratic institutions.