The politician insist on advance payment of bribe.
You pay him Interest Free Loan of Rs.5 Crore.
So that if you do not get contract, you can demand back Rs.5 Crore from politician.
And if politician gets into trouble, he can return the loan and can wash away hands from entire deal!
Is it a novel legal way of paying Secured Bribes?
Though I am lawyer, I do not know. I am confused! If this is a loophole in law, it ought to be plugged by courts.
Haresh Raichura
5/10/2012
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