Hetero bought bonds months before BRS made its chairman RS MP

The Hetero Group and its subsidiaries donated a whopping ₹117.5 crore to the BRS, ₹15 crore to the BJP, and ₹5 crore to the Congress.

BySouth First Desk

Published Mar 22, 2024 | 7:26 PMUpdatedMar 22, 2024 | 7:26 PM

Several pharmaceutical companies, with ties to Hetero Pharmaceuticals, have been involved in political donations. (Sumit Jha)

Hetero Pharmaceuticals, through its eight subsidiaries, purchased electoral bonds worth ₹137.5 crore of which ₹117.5 crore was donated to BRS, EB data reveals. Notably, ₹50 crore contributions occurred shortly before Hetero Group Chairman, B Partha Saradhi Reddy, was nominated as Rajya Sabha member by BRS in June 2022. The group gave ₹15 crore to BJP, and ₹5 crore to Congress.

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