A scholarly study of corruption in the larger context of societal growth and development Corruption is no longer a word and has become a noise. Debates on corruption have reached high decibel levels and the world is no closer to solutions. Given the complexity, there are as many views as there are participants. Some speak from high moral pedestals like those from the rich, donor countries. It is no surprise that...

The IT (Intermediaries Guidelines) Rules, drafted to protect intermediaries, now appear to be a tool that can be used to harass them. EIGHT years ago, the chief executive officer of an auction portal was put behind bars because a user put an obscene MMS clip up for sale on the site. This sparked a demand from intermediaries, the entities that provide services enabling the delivery of online content to end-users,...

-PTI Ensure that findings of the probe are kept in a sealed cover The Supreme Court on Wednesday asked the Election Commission to proceed with its probe into the authenticity of the former Maharashtra Chief Minister Ashok Chavan's spendings during the 2009 State Assembly elections, allegedly involving expenses on “paid news.” A Bench of Justices Altamas Kabir and J. Chelameshwar, however, asked the Commission's counsel Meenakshi Arora to ensure that findings of the...

-The Telegraph Ashok Chavan, who had to quit as Maharashtra chief minister after being named in the Adarsh housing scam, faces money-laundering charges in the same case. The Enforcement Directorate has registered an enforcement case information report (ECIR) against Chavan and 13 others, stating that prima facie an offence could be constituted under Section 3 of the Prevention of Money Laundering Act. The ECIR stated that the accused persons, who had obtained clearance...

Drug smugglers and third-world dictators laundering ill-gotten wealth through secretive banking systems in tax havens is an anachronistic image from crime novels. Leveraging US' remarkable success in compelling tax havens to block terrorist financing, the G20/OECD have successfully persuaded tax havens to improve tax transparency and participate in an international regime of information exchange.  All tax havens have committed to OECD standards for tax transparency and are executing Tax Information Exchange...