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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New Delhi (PTI): Defending champions Royal Challengers Bengaluru will take on Sunrisers Hyderabad in the IPL 2026 opener in Bengaluru on March 28 as the BCCI announced the first phase of the tournament schedule amid concerns around players' travel arrangements due to the ongoing West Asia conflict.
All matches scheduled at the Chinnaswamy Stadium remain subject to clearance from the Karnataka government appointed expert committee, which is scheduled to meet on March 13 to assess venue preparedness in the wake of the deadly stampede at the stadium last season.
The BCCI announced the schedule of the first 20 games on Wednesday and will unveil the full schedule once the dates of elections in three states -- Tamil Nadu, Assam and West Bengal -- are announced.
Besides the state elections, the escalating conflict in West Asia will also be at the forefront of BCCI officials' minds. The war has wreaked havoc to international travel with operations of major airports like Doha and Dubai being heavily restricted.
As a result of that, some of the squad members of South Africa and West Indies are yet to reach home a week after the completion of their T20 World Cup campaign.
It remains to be seen if IPL bound players of those two nations report to their respective teams in time.
"There was a substantial delay in departure of West Indies and South Africa players. It would be a tough task to get them back to India on time. Plus the airfares have gone up substantially due to the war in West Asia," a team official told PTI.
Additionally, hotels across India are facing cooking gas shortage due to the raging conflict and on Tuesday, the central government invoked Essential Commodities Act to ensure uninterrupted supply of domestic cooking gas.
Chennai Super Kings CEO Kasi Viswanthan told PTI that he is expecting his players from the West Indies and South Africa -- Akeal Hossein and Dewald Brevis, to join the team well before their IPL opener.
"We are expecting no delays from their end," he said.
The second game of the opening weekend will see Mumbai Indians host Kolkata Knight Riders at the Wankhede Stadium and the opening weekend will not feature any double-headers.
A total of 20 matches will be played across 10 venues: Bengaluru, Mumbai, Guwahati, New Chandigarh, Lucknow, Kolkata, Chennai, Delhi, Ahmedabad and Hyderabad.
"During the season, Royal Challengers Bengaluru will play five home matches in Bengaluru and two in Raipur. Punjab Kings will play four home matches in New Chandigarh and three in Dharamshala, while Rajasthan Royals will play three home matches in Guwahati and four in Jaipur," said the BCCI in a statement.
"During this period (the first 16 days), the tournament will feature four double-headers, with the afternoon matches beginning at 03:30 PM IST and the evening matches commencing at 07:30 PM IST.
"Following the opening encounter on Saturday, Mumbai Indians will take on Kolkata Knight Riders at the Wankhede Stadium in Mumbai on Sunday.
"The matches scheduled in Bengaluru are subject to clearance from the Expert Committee constituted by the Government of Karnataka," the BCCI added.
