Disproportionate Assets
Encyclopedia
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.
The concept is extensively used to initiate corruption
investigations against public servants and elected politicians in India, and has been codified in several pieces of national and state level legislation, including the Prevention of Corruption Act, 1988
.
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
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.
The concept is extensively used to initiate corruption
Political corruption
Political corruption is the use of legislated powers by government officials for illegitimate private gain. Misuse of government power for other purposes, such as repression of political opponents and general police brutality, is not considered political corruption. Neither are illegal acts by...
investigations against public servants and elected politicians in India, and has been codified in several pieces of national and state level legislation, including the Prevention of Corruption Act, 1988
Prevention of Corruption Act, 1988
The Prevention of Corruption Act, 1988 is a federal law enacted by the Parliament of India to combat corruption in government agencies and public sector businesses in India...
.