Saturday, 22 October 2011

Govt working to make private sector bribery criminal: PM - Rediff.com Business

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With the alleged involvement of big corporates in a spate of scams apparently weighing on his mind, Prime Minister Manmohan Singh said on Friday the government is considering changes in law to make private sector bribery a criminal offence.

Speaking at the Biennial Conference of CBI and state anti-corruption bureaux, the Prime Minister said India has ratified UN Conventions against corruption and to meet its requirements a slew of measures which include amendments in laws pertaining to anti-graft measures.

"To meet the requirements of the convention, we have introduced a Bill in Parliament to make bribery of foreign public officials an offence. We are considering changes in our laws to criminalise private sector bribery," he said.

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