Don’t pay bribes: CREDAI
Announcing an all out war on corruption, Confederation of Real Estate Developers Association of India (CREDAI) , the apex body of property developers, has asked its about 10,000 members not to pay bribe to officials for getting project clearance.
The strong statement came after CREDAI president Lalit Kumar Jain stated that realty sector has been hurt by rampant corruption in the country.
Jain urged developers to gear up and resist all kinds of exploitation and demands for bribes, to expose bribe seekers and even move courts with writ petitions and complaints.
He also asked for administrative reforms on the part of the government to check the menace of corruption.
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[...] Don’t pay bribes: CREDAI [...]
[...] came as a relief for the developers, who had accepted to adopt the code of ethics undertaken by the Confederation of Real Estate Developers’ Association of India (CREDAI), Bangalore and use machinery to adopt to minimize the [...]