New Delhi: The continuous recovery of whopping amount of unaccounted cash in the poll-bound states especially in Punjab and Uttar Pradesh has raised doubt over the use of blackmoney on large-scale to rig the polls. Besides, it is posing serious challenges to the Election Commission in conducting a fair and peaceful assembly election. 

Punjab and UP are emerging as bigger challenges in comparison with other poll- bound states as far manipulating elections with money power is concerned. As per the intelligence inputs, blackmoney worth Rs 10,000 crore is likely to be pumped in both the states during the elections.

It is worth mentioning that unaccounted cash over Rs 30 crore has been seized from UP and Punjab alone after the model code of conduct was enforced in the poll bound states.

Seeing the huge recovery of undisclosed money, the EC has given stern guidelines to negotiate with the situation and asked the election observers to remain extra vigilant on suspicious activities. 

As per the directives of the EC, a candidate can spend a maximum of Rs 16 lakh during the Assembly elections. To keep a tab on the election expenses, the EC has announced that the transactions of money for the election purposes would be done through bank accounts only. Hence, chances are high that blackmoney will be used on large scale.

(JPN/ Bureau)