"Lottery King Emerges as Top Political Donor in India's Opaque Electoral Bond System"

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Source: Reuters India
"Lottery King Emerges as Top Political Donor in India's Opaque Electoral Bond System"
Photo: Reuters India
TL;DR Summary

Santiago Martin, known as India's "lottery king", and his company emerged as the top political donor in India's opaque funding system, spending 13.68 billion Indian rupees between 2019 and 2024. The now-scrapped funding system allowed anonymous and unlimited donations to political parties. Martin, accused of fraud and money laundering, has a chequered history and has faced allegations of cheating state governments through his lottery business. Despite the defunct funding system being found unconstitutional, there is no suggestion of improper donations.

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