Lawstreet Journal

A Public Interest Litigation Has Been Filed in Supreme Court Seeking Confiscation of Benami Property, Black Money and Disproportionate Assets

Lawstreet Journal 17 Nov 2020 6:25pm

Image courtesy: Lawstreet Journal Judiciary A Public Interest Litigation Has Been Filed in Supreme Court Seeking Confiscation of Benami Property, Black Money and Disproportionate Assets

Advocate Ashwani Kumar Upadhyay has filed a PIL in the Supreme Court seeking direction to the Centre to ascertain the feasibility of confiscation benami properties disproportionate assets and black money. It also seeks awarding of life imprisonment in offences related to bribery, black money, benami property, disproportionate asset, tax evasion and money laundering. 

In the plea, it is mentioned that cause of action arises on January, 2020 when corruption watchdog Transparency International put India at rank 80 in the Corruption Perception Index. 

The plea also stated that " Due to weak and  ineffective anti-corruption laws, India has never been ranked even among top 50 in Corruption Perception Index but Centre has not returned them to weed-out the menace of corruption, which brazenly offends rule of law as well as the right to liberty, life, dignity guaranteed under Article 14 and 21."

It further mentioned that, Right to Live Happily and with dignity is guaranteed under Article 21 of the Constitution of India but due to massive corruption, our ranking in Happiness index is very low. Putting forth a solution to this problem The plea added that as the total budget of Centre, State and local bodies is around 70lakh Crores, "due to massive corruption in every department, around 10% of the budget becomes black money."

It is mentioned that Centre can save this huge public money by confiscating 100% black money, linking assets above Rs. 50,000 with AADHAR, disproportionate assets and awarding life imprisonment to looters. 

The petitioner also highlighted that due to weak and… Continue Reading...


Tagged: Public Interest litigation   Public Interest Litigations  
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