Pvt sector corruption law on anvil?

Pvt sector corruption law on anvil?

FPJ BureauUpdated: Sunday, June 02, 2019, 03:33 AM IST
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to make private sector bribery a criminal offence at a conference of CBI and state anti- corruption bureaus about seven months ago.

At present, there are no legal provisions to check graft in the private sector.

According to the dra

ft law, whoever in the course of economic, financial or commercial activity promises, offers or gives, directly or indirectly, any gratification, in any capacity, for a private sector entity, for the person himself or for another person shall be punishable.

Besides, it said, if somebody ” solicits or accepts, directly or indirectly, any gratification amounting to an undue advantage from any person, who directs or works, in any capacity, for a private sector entity” shall also be punishable with imprisonment and fine or both.

The Centre has asked all States and UT administrations to give their views on the proposed amendments in the IPC. Explaining the move, an official in the Ministry of Personnel, Public Grievances and Pensions under which the anti- graft agency CBI comes, said local police or any other appropriate agency would be able to register a case and initiate probe against an individual working in the private sector if the proposed amendments becomes law.

So far most of the states have either agreed to the proposal or suggested some changes in it.

According to a Ministry of Home Affairs ( MHA) official, Gujarat, Chhattisgarh, Karnataka, West Bengal, Punjab, Maharashtra, Assam, Haryana, Manipur, Meghalaya, Mizoram, Nagaland, Rajasthan, Sikkim, Tripura, Andaman and Nicobar Islands, Chandigarh, Dadra and Nagar Haveli, Lakshawdeep and Delhi have agreed to the proposal.

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