Explain Section 169 concerning a public servant unlawfully buying or bidding for property.
Section 169 deals with the offense of a public servant, legally bound not to purchase or bid for certain property, doing so in his own name or in the name of another, either jointly or in shares with others. The punishment for this offense is simple imprisonment for a term that may extend to two years, or with a fine, or with both. Additionally, the property, if purchased, shall be confiscated. [Chapter 9, Section 169]