New Delhi: The Delhi High Court on Monday refused to hear a Public Interest Litigation (PIL) seeking a request from the Centre, the Law Commission and the Delhi government to explore the feasibility of confiscation of 100 per cent black money, benami assets, disproportionate assets. Instructions were sought. A bench of Justice Satish Chandra Sharma and Justice Subramaniam Prasad today declined to hear the matter and asked the petitioner to approach the Supreme Court in this regard.
Petitioner advocate Ashwini Kumar Upadhyay has sought life imprisonment for offenses relating to black money, benami property, money laundering, disproportionate assets, bribery, profiteering, hoarding, adulteration, black marketing, human-drug trafficking, tax evasion and dishonesty. asked for directions. Fraud Fraud of property by forgery.
The petitioner submitted that the court may constitute an expert committee or the Law Commission of India to examine the stringent anti-corruption laws of developed countries, especially those relating to bribery, black money, benami property, disproportionate assets, tax evasion, may direct the investigation. Money laundering, profiteering, hoarding, adulteration, human and drug trafficking, black marketing, fraudulent misappropriation of property by forgery, and preparation of a comprehensive report within three months.
The petition states that corruption undermines democracy and the rule of law, leads to human rights violations, distorts markets, degrades the quality of life and allows organized crime like separatism terrorism, naxalism Fundamentalism, gambling, smuggling, money laundering and extortion and other threats to human security flourish.
It causes extreme harm to EWS-BPL families by using funds intended for their development, undermines the government’s ability to provide basic services, seeds inequality and injustice, and discourages foreign aid and investment.
It has also been said that corruption is a major factor in economic poor performance and the main obstacle in eradicating poverty. The right to life and liberty guaranteed under Article 21 cannot be secured and the golden goals of the Preamble cannot be achieved without curbing corruption.
Therefore, the Center and the state must implement stringent anti-corruption laws to send out a strong message that it is determined to end corruption, black money generation, benami transactions and money laundering. The plea said that the Center should take steps to uphold the rule of law, improve transparency and warn the robbers that betrayal of public trust will no longer be tolerated.