We all know that The Prevention of Money – Laundering Act, 2002, is the Political Declaration and Global Programme of Action, that emanated through the General Assembly of the United Nations. But judged from the present day scenario, the Acts is a total failure and has no meaning at all in the context of Indian democracy. Look at the last vote trust in the Parliament where naked display of unaccounted/black money that was brought inside the parliament not by intending Candidate but by the members themselves inside the Parliament, and we could not do anything but to watch the tamasa helplessly remembering the song “Paisa pekho tamasa dekho”:
In this connection I would also suggest the members to go through the case of Peoples Union for Civil Liberties (PUCL) and Anr Vs Union of India and Anr 2003-LNI-0597-SC: “ Where the Supreme Court also spell out the unpleasant situations” regarding money power and muscles power during elections. See para 118 of the Judgment…… much improved election system is required to be evolved to make the election process both transparent and accountable so that the influence of tainted money and physical force of criminals do not make Democracy a Farce”
