Parties accepted funds from Tata's Electoral Trust: Radia tapes

The tapes, transcripts of which have been published by the Delhi-based Sunday Guardian newspaper, also reveal that Tata wanted the trust to be independent without his name being associated with it.

During the purported conversation, Ratan Tata’s executive secretary Venkat explained to Radia that money was dispersed to political parties in two halves: before the elections on the basis of seats contested and after the elections based on the seats won. It also mentions that Sonia Gandhi has “accepted” (funds from the trust), while the DMK received funds based on the number of seats won.

Select excerpts from the conversation:
Venkat: Dinesh has whatever (mild laugh)...
Radia: He is independent, is he?
Venkat: Yeah, he is independent, quite independent. All the three trustees are independent. How they allocate the proportion, we don't know. Just, of course, for our info, they tell us what it is. They tell Subedar for info. But they do their own. All the three trustees are, Mr (Ardeshir) Dubash (industrialist), Mr Dinesh (Vyas, Supreme Court advocate) and Shireen Bharucha (social worker), who has nothing to do with...
 Radia: Ok, the thing is that if the letter said...
Venkat: It's not even Tata Electoral Trust also. It's called The Electoral Trust.
Radia: Ok, if now that's the case, I am now wondering how the word Tata came in, unless it's mentioned in the letter, that I will get it now.
Venkat: Anyway, people know that Dinesh Vyas is this thing (voice trails off ), Mr A.D. Dubash, Shireen Bharucha and Dinesh, they are the trustees. Of course the contribution to the trust comes from the Tata group companies. But how it is distributed, to whom it is distributed, it is entirely up to the trustees to distribute it based on the rules.,,,,,
Venkat: They do it in two parts. One, before the election based on number of seats, and after the election based on the number of seats they won...
 Radia: Which enough.
Venkat: That's how DMK also got. DMK didn't get in the first this thing. After the election DMK also got based on the number of seats. They accepted. Everybody accepted, except CPM and BSP did not accept. All others accepted. Sonia Gandhi also accepted. Everybody has accepted.
Radia: So, when he has to issue the statement, he has to say that every other political party has accepted except for the three.
Venkat: Yeah. Whomsoever, who have not accepted. He should say, we distribute it to everybody, not only (gets disconnected).