(1) Notwithstanding anything contained in the
prevailing laws, if, in conducting investigation of any case held to be an offense
referred to in this Act, there is a reasonable ground to believe that any person
against whom action is being taken on the accusation of an offense referred to in
this Act may abscond and disappear or it appears that there is any loss of or
damage to any assets, the Board may require such a person to furnish necessary
bail or guarantee of asset and may hold such a person in custody in the event of
failure to furnish such bail or guarantee.
(2) If there is a reasonable ground that any person against whom action is
being taken on the accusation of an offense referred to in this Act may temper
with or destroy any evidence that can be produced against such a person or may
obstruct or hinder the investigation of the case if such a person continues to hold
office, the Board may write to the concerned body to suspend such a person.