The exponential rise in the assets of MPs and MLAs during their tenure as lawmakers has come under judicial scanner with the Supreme Court directing the Centre to file a comprehensive report on what action or probe it has conducted against 289 legislators, including some senior leaders.
The MPs and leaders who figure on the list are from all parties and in some cases the assets have gone up by more than 500% in five years. Growth of assets has been a controversial issue with some MPs pointing out that appreciation in property values or business incomes can be a legitimate reason. But, the court is keen on probing whether big jumps in assets were accounted for by legal income.
A bench of Justices J Chelameswar and S Abdul Nazeer said a probe is needed to find the source of income and whether property amassed was through legal means. It pulled up the Centre for its reluctance in sharing information, directing it to file a report within a week.
The MPs and leaders who figure on the list are from all parties and in some cases the assets have gone up by more than 500% in five years. Growth of assets has been a controversial issue with some MPs pointing out that appreciation in property values or business incomes can be a legitimate reason. But, the court is keen on probing whether big jumps in assets were accounted for by legal income.
A bench of Justices J Chelameswar and S Abdul Nazeer said a probe is needed to find the source of income and whether property amassed was through legal means. It pulled up the Centre for its reluctance in sharing information, directing it to file a report within a week.
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