Disproportionate Assets

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Disproportionate Assets is a term used in India to describe a situation where an individual's net economic assets significantly exceed the assets he or she should possess after accounting for the assets that he or she previously held and all legal sources of income.Disproportionate Assets are investigated by the CBI and the Income Tax Department. [1]

The concept is extensively used to initiate corruption investigations against public servants and elected politicians in India,[2][3] and has been codified in several pieces of national and state level legislation, including the Prevention of Corruption Act, 1988.[4]

References[edit]

  1. ^ "Dictionary of Indian English". Archived from the original on 2008-04-30. Retrieved 2008-10-28. 
  2. ^ "Himachal IAS officer arrested in disproportionate assets case". newKerala.com. 2008-10-03. Retrieved 2008-10-28. 
  3. ^ "Engineer facing disproportionate assets case reinstated in same post". The Hindu. 2008-08-09. Retrieved 2008-10-28. 
  4. ^ Disproportionate Assets: What constitutes the offence?, Andhra Pradesh Vigilance Commission, Government of Andhra Pradesh State, India. Accessed 2008-10-29. "... A Public Servant is said to commit the offence of Criminal Misconduct (of possession of disproportionate assets), “if he or any person on his behalf, is in possession or has, at any time during the period of his office, been in possession for which the public servant cannot satisfactorily account, of pecuniary resources or property disproportionate to his known sources of income”, as laid down under clause (e) of sub-sec.(1) of sec.13 of the Prevention of Corruption Act, 1988. ..."