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Follow on Google News | Seize Corrupt Indian Assets: Proposed Lokpal BillThe threat of serving a jail sentence doesn’t seem to deter corrupt officials anymore according to activists in New Delhi..
By: EconomyWatch The threat of serving a jail sentence doesn’t seem to deter corrupt officials anymore according to activists in New Delhi. After all, he can enjoy the ill-gotten gains after his sentence. Now, a drafting committee agreed to confiscate and liquidate assets obtained through corruption under the proposed Lokpal bill. Sources speaking to the Times of India said that in case of a complaint of corruption, the Lokpal can order an "interdiction" Government sources said, "We have agreed that if a public servant has amassed wealth through corrupt means and it is proved so, then the assets will be confiscated." The Lokpal will have powers to give appropriate directions to prevent destruction of records during investigations and prevent the public servant from secreting assets allegedly acquired by him through corrupt means. HRD minister Kapil Sibal said that there was also an agreement in the meeting that the Lokpal will have power to look into any matter of corruption against public servants. "The basic idea is to have an empowered Lokpal, which will have full autonomy, independence from the government and which will have powers to investigate complaints of corruption, prosecute all public servants. This principle is non-negotiable," read more at economywatch.com http://www.economywatch.com/ # # # EconomyWatch.com is the world's largest global, independent, economics community. Every month we serve over 750k users, who read and discuss economics, investing and finance topics. End
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