A bill to reign in corruption is likely to introduced by the Government in the Budget session of Parliament. Disclosing this in Mumbai today, Law Minister M Veerappa Moily said that the government is bringing in a seperate bill on corruption in accordance with the UN convention. He said the government intends to bring the legislation in the next session itself. He said New Delhi had agreed to the convention but it was not ratified. He said the NDA government did not take any stand. But, now, a couple of days back, a Group of Ministers – GoM – considered the UN convention and mooted its ratification. Thereafter, Government will be bound by it. Maintaining that the government would like to fast-track corruption cases, Moily said the GoM is expected to submit its report to the prime minister within 60 days. On black money stashed abroad, Moily said, that there are treaties between countries. They are done mutually by each country and India has to abide by the treaty. He said the Finance Minister has made it clear that this is meant for finding out evasion of tax only. But the the treaty, doesnot permit disclosure of names. He said the Government doesnot want to hide anything. But the question is, there are certain binding principles of the treaty which prevents disclosure of names, he said.
News On AIR | January 22, 2011 8:36 PM
Bill on corruption likely in Budget session: Moily