Lokpal act would have prevented PNB scam: Anna Hazare

Image
ANI Ahmednagar (Maharashtra) [India]
Last Updated : Feb 20 2018 | 9:25 PM IST

Social activist Anna Hazare on Tuesday said that the scam at the Punjab National Bank (PNB) would not have occurred had the anti-corruption Lokpal and Lokayuktas Act been implemented in 2011.

"Lokpal and Lokayuktas can be very powerful, we made a draft but people in politics do not want it. If it was implemented in 2011, these scams would not have occurred," Hazare told ANI here.

"Governments don't understand, they only say they will make corruption-free India but do nothing about it," he added.

Recently, the PNB detected a scam to the tune of Rs 11,400 crore which involved billionaire jewellery merchants Nirav Modi and Mehul Choksi, among some bank officials that helped facilitate the scam.

Hazare had begun a mass movement in 2011 demanding implementation of governing bodies of Lokpal and Lokayuktas at the central and state-level respectively, in order to check corruption by all public servants including the Prime Minister.

Lokpal and Lokayuktas Act was finally passed in 2013, albeit the amendment on the Act passed in 2016 limited the ambit of the Act.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 20 2018 | 9:25 PM IST

Next Story