Following the electoral bonds data made public by the Election Commission of India (ECI), the name of Hub Power Company has gone viral on news outlets and social media claiming that the Pakistan-based company contributed a week after the Pulwama attack in 2019. Several critics alleged that the probe into Pulwama attacks was not held properly after this contribution.
See the post in Tamil below that translated into English as “BJP received election funds from Pakistani company. ”
பாகிஸ்தான் நிறுவனத்திடம் இருந்து தேர்தல் நிதி பெற்ற துரோகி பாஜக.
ஆதாரங்களுடன் பாஜக அம்பலம்.🤧
Hub Power Company limited.
Karachi.
😳😳😳#ElectoralBondScam pic.twitter.com/WC7bMG5FU3— Dr.Aravind Raja (@AravindRajaOff) March 14, 2024
See the social media posts shared in this connection here and here.
FACT CHECK
Since the electoral bond scheme allows any Indian citizen or organization registered in the country to buy the bonds, only subsidiaries of a foreign company registered in India can buy these bonds. However, the Pakistan-based HUBCO has immediately issued a statement in social media denying that the Hub Power Company mentioned in the uploaded electoral bond data was its subsidiary.
— Hubco (@TheHubPowerCo) March 15, 2024
Further search online for the company showed that the company’s GST registration shows that it was based in Delhi, registered in 2018 as a proprietorship firm under the name ‘Ravi Mehra’. This confirmation debunks the claim that it is a subsidiary of Pakistan-based HUBCO.
Secondly, the claim that the BJP received this money cannot be established from the data uploaded on the EC website as of now. Unless the unique key was provided, no claim in this regard can be established.
Hence, the Hub Power Company that had bought electoral bonds is not affiliated with the Pakistani company as a subsidiary.
Claim: Electoral Bond data revealed that BJP received donations from a Pakistan based company called ‘Hub Power Company’.
Conclusion: False. Hub Power Company listed in EC data is a Delhi-based firm making LED bulbs. Secondly, data doesn’t give unique number to link it to BJP.
Rating: Misleading —