November 02, 2001

‘7’

NO MOVE FOR FORFEITURE OF ILL-GOTTEN PROPERTY

        The Government has examined the recommendations of the Law Commission contained in its 166th Report on Corrupt Public Servants (Forfeiture of Property) Bill, and has decided that there is no need for enactment of a separate legislation for confiscating the illegally acquired assets of public servants . In the well considered views of the Government, this may not be the solution of the problem.

        However, the Government feels that it would be more appropriate to strengthen the anti-corruption law by plugging the loopholes as well as by amending the Prevention of Corruption Act, 1988 suitably to make it more deterrent to achieve the objective.