By Our Reporter
SHILLONG, Dec 7: VPP leader and North Shillong MLA, Adelbert Nongrum on Thursday demanded a review of the Benami Transaction Prohibition Act since it has some “serious loopholes”.
“The Benami Transaction Prohibition Act allows others to do business and exploit locals. This is one factor which has really affected the state,” Nongrum said.
He said that the government is duty bound to bring transformation in the state and admitted that citizens of the state should also act with responsibility.
The Meghalaya (Benami Transaction Prohibition) Act, 1980, is an Act that prohibits benami transactions between a tribal and a non-tribal.
Benami transaction means acquiring or holding of any property (movable or immovable) or the carrying of any business, trade or any transaction by a non-tribal in the name of a tribal.
