and sets the maximum penalty for corruption at 14 years rigorous imprisonment (implying hard labor) with a fine and confiscation of assets acquired through corruption in the name of the accused or the accuseds dependents/beneficiaries ( unodc. Name* Description Visibility Others can see my Clipboard. The corrupt people do not abide by the laws. Sources World Bank: Doing Business 2018. Tax rates and regulations also represent a problem to business (GCR ). . Legislation The Prevention of Corruption Act and the National Accountability Ordinance (NAO) serve as principal corruption laws in Pakistan. Over two-thirds of Pakistanis who indicated they had interacted with the courts in the past year, reported paying a bribe (GCB 2015). . All the people in government have fear in their minds due to these people. Pakistan has lost an unbelievably high amount, more than Rs8,500 billion (Rs8.5 trillion or US94 billion in corruption, tax evasion and bad governance during the last four years of Prime Minister Yusuf Raza Gilanis tenure, Transparency International Pakistan (TIP) claims.
Under former Chief Justice of the Supreme Court Iftikahr Chaudhary, whose term ended in 2013, the judiciary overreached, leading to increasing inefficiency and a very high workload leading to delays (BTI 2016). . Eradiation of corruption is, no doubt, a difficult task but not impossible.
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Said: Corruption is a curse in India and amongst Muslims, especially the so-called educated and intelligentsia. The Pakistan Penal Code penalizes public servants accepting gratifications as well as bribery or fraudulent behavior in relation to property or elections. Corruption Free Pakistan Dream Or a Reality specifically for you for only.90/page, order Now, corruption is the evil which leads to the economic, social and moral problems in a country. George Bernard Shaw presents his views about these people: Power does not corrupt men; fools, however, if they get into a position of power, corrupt power. We must follow other developed countries policies to improve conviction rate. Companies indicate that bribes and irregular payments in the process of making tax payments are very common (GCR ). . World Economic Forum: Global Competitiveness Report. The abuse of public office for private gain.