NEW DELHI: BJP MP Nishikant Dubey on Saturday accused the Congress party of orchestrating the 1969 Companies Act amendments to ban cheque-based donations after parliamentary exposure of 1960-1969 corporate funds exclusively benefiting the party in exchange for favours. He alleged the party then reversed it in 1985 to facilitate both traceable and black money flows.
Sharing the copies of both the Bills in a post on X, Dubey said, "Congress Party and Corruption in Donations. When it came to light in Parliament that from 1960 to 1969, all businessmen had given donations only to the Congress party in exchange for getting work done, then, in a great hurry in 1969, the law was amended to increase the use of cash, i.e., black money, and cheques were shut down."
"Then, 16 years later, in 1985, the law was changed again to restart the game of cheques and black money. History itself is Chunar Fort, " he added.