Bring whistle blowers protection norms in Benami law: Panel

April 28, 2016 19:20

A Parliamentary panel today suggested incorporation of provision for whistle blowers and their protection while amending the Benami Transaction Act pending in Lok Sabha.

The Standing Committee on Finance headed by senior Congress leader M Veerappa Moily also said that government should specify in the Statement of Objects and Reasons of the bill that the purpose of the amendment is to prevent corruption and track tainted money.

Observing that earlier attempt in 2011 to remove infirmities in the original Act of 1988 has not worked, the committee said the government might also consider a fresh legislation of instead of overhauling of the existing one.

"The intent of the government should therefore be clearly mentioned in the Statement of Objects and Reasons of the Bill. It is also necessary that prevention of corruption and tracking of tainted money are also added as supplementary objects of the Bill," said the Committee's report tabled in Parliament today.

On whistle blowers, the report made a case for detailed provisions in the bill itself.

« Back to LIVE

TOP STORIES

TMC's Sandeshkhali sting: BJP leader moves HC

Bharatiya Janata Party's Sandeshkhali leader Gangadhar Koyal on Friday moved the Calcutta high court, claiming that technology-aided videos mimicking his voice were being circulated in a bid to defame him, and prayed for security be...

'Sufficient evidence': Delhi court orders framing of charges against Brij Bhushan

A Delhi court on Friday ordered framing of charges against former Wrestling Federation of India chief and BJP MP Brij Bhushan Sharan Singh in a sexual harassment case lodged by six female wrestlers.

Excise case: ED names K Kavitha in fresh charge sheet

The federal agency had arrested 46-year-old Kavitha, the daughter of former Telangana chief minister K Chandrashekar Rao, from her Banjara hills residence in Hyderabad on March 15.

'Shah Rukh Khan has made a huge impact, very understanding'

Kolkata Knight Riders wrist spinner Varun Chakravarthy on Friday said team owner Shah Rukh Khan has made a "huge impact" with his motivational speeches when the chips were down in the ongoing IPL.

Kejriwal granted 21-day interim bail by SC, but can't go to office

The SC said Kejriwal will have to surrender and go back to jail on June 2.