Anti-corruption bill amendments correct 2 major flaws: Jaitley
New Delhi, July 27 : The passage of the Prevention of Corruption (Amendment) Bill, 2013, corrects two fundamental flaws in the earlier Act by providing for punishment to both bribe givers and takers and requiring the element of dishonest intention of the public official to be proved for an offence, Finance Minister Arun Jaitley said on Friday.
Writing in a Facebook post following the passage of the amendments in the Lok Sabha on Tuesday, Jaitley said the present Prevention of Corruption Act, 1988, legislated in the pre-liberalisation era had not visualised the changes in the economy, "when higher participation of the private sector would take place" and neither "anticipated the kind of risk that it could put honest decision makers to".
"The Bill seeks to punish both - the bribe giver and bribe taker. It provides protection if the briber assists the investigative agency. Even non-monetary gratification has been included within the ambit of the Bill.
"Promoters of companies have been made more accountable. Since the company cannot be sent to jail, the individual in the management responsible for the corruption will be held liable," he said.
The Minister noted that the wide definition of corruption referred to as "criminal misconduct" in the original Act had a potential for including in its ambit also a "honest decision taken by honest individuals which subsequently turn out to be erroneous".
He said there were instances of loans given by an honest bank management in accordance with the rules which were subsequently questioned if the recipient of the loan defaulted "and the entire process of the banker-lender relationship was referred to an investigative agency".
"Reputations were ruined and a fear amongst decision makers was created. This witnessed a tendency where civil servants would postpone decision making to their successor rather than take the risk upon themselves.
"The new Bill, besides correcting the somewhat loose language, now requires the element of mens rea i.e. the dishonest intention to be proved for an offence of criminal conduct to be made out. This will ensure that bonafide actions of public servants are not called into question," he said.
The period of trial for corruption is now required to be completed within two years.
"The Prevention of Corruption Act merely provided for sanction for serving civil servants and not retired civil servants. On the contrary, Indian Penal Code required a sanction for those who are or have been public servants. The two Acts have now been brought at par," Jaitley wrote.
The scare created amongst the civil servants, bankers, heads of public sector undertakings and other decision makers, who have seen in the last few years professional investigation graduating into investigating adventurism, have a reason to be relieved, he added.
The Bill provides for imprisonment from three to seven years, besides fine, to those convicted of taking bribes. Bribe givers have also been included in the legislation for the first time and they can be punished with imprisonment up to seven years, fine, or both.
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Man arrested with Rs 2.54-crore heroin in Mumbai
Mumbai (PTI): Police have arrested a man and seized over 500 grams of heroin worth Rs 2.54 crore in the illicit market from him in Mumbai, officials said on Friday.
The police's Anti-Narcotics Cell (ANC) made the drug seizure in Santacruz in the western suburbs. The operation was conducted by the Kandivali unit of the ANC on Thursday as part of a special crackdown against drug trafficking in the area, they said.
Acting on specific inputs, an ANC team conducted a raid in Santacruz (East) and intercepted a man. During a search, the team recovered 508 grams of high-grade heroin from his possession, an official said.
The seized contraband, a highly addictive, opioid drug derived from morphine, is estimated to be worth Rs 2.54 crore in the international market, he informed.
Following the seizure, a case was registered against the man under relevant sections of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985, and he was formally placed under arrest in the early hours of Friday.
The police are currently investigating the source of the drug and trying to identify the intended recipients of the consignment, he said.
