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Articles Archive for 19 December 2007

Corruption »

[19 Dec 2007 | 2 Comments | ]

The facts are pretty simple to state. A piece of land was sold by party A to party B for Rs 22 lakhs. The official price was Rs 7 lakhs, less than a third of the actual amount that changed hands. That means A received Rs 15 lakhs which he cannot account for. And it also means that B paid Rs 15 lakhs from sources which are also unaccounted for. Then parties A and B arrived at the land registration office to record the new title. The registration fee is …