- Cengao India thanks the Government for the amendments to the Prevention of Corruption Act. This will not only Protect honest officers but also Encourage them to take bold decisions.
Lok Sabha passes Prevention of Corruption Bill | All you need to know
The Lok Sabha on Tuesday passed the Prevention of Corruption (Amendment) Bill, 2018. Punishment for both bribe givers and takers has been enhanced to make it a deterrent for the corrupt. The legislation also took cognisance of coercive bribing.Punishment for bribe-taking enhanced: Minimum punishment of 3 yrs, extendable up to 7 yrs with fine; from the earlier 6 months, with extension up to 3 yrs.'Undue Advantage' expanded: The earlier limited definition of "undue advantage" expanded to now include "anything other than legal remuneration".Gifts criminalised: Gifts received for established undue advantage/mala-fide motive are now considered an act of corruption.Collusive bribe-givers criminalised: For the first time, the giving of bribe has now been made a direct offence on par with taking of bribe. At the same time, protection has been built-in against coercive bribery, as long as the victim comes forward within 7 days.Corporate bribery criminalised: Superiors to be held if employee/agent has bribed with their approval, for advancement of the organisation's interests.Immediate forfeiture: Law enforcement empowered for immediate attachment & forfeiture of illegal property of a public servant, invoking provisions of the Prevention of Money Laundering Act (PMLA).Timely trial mandated: To conclude the investigation and trial within 2 yrs, extendable up to 4 yrs.As per laid down laws, policies and procedures, corrections have been made for protecting their bona-fide decisions from malicious threats and harassment.
INDIA-AMERICA-BRITISH
Wednesday, 25 July 2018
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