23 October 2024 03:22 am Views - 968
To strengthen its fight against corruption, the government yesterday raised the maximum expenditure limit for raids conducted by the Bribery or Corruption Allegation Commission by Rs. 100 million.
Accordingly, the limit of the Commission’s raid advance account which previously stood at Rs. 50 million will now be raised to Rs. 150 million.
The Cabinet of Ministers this week approved President Anura Kumara Dissanayake’s proposal to revise the expenditure cap considering the complexities and high stakes involved in bribery cases.
Due to the significant variability in bribery amounts and the substantial nature of many complaints, the previous expenditure limit was deemed inadequate according to the Department of Government Information. The raid advance account of the Bribery or Corruption Investigation Commission is primarily used to provide funds to conduct raids aimed at tackling bribery and corruption. (NR)