What is corruption?

Corruption is defined by Transparency International as the abuse of entrusted power for private gain; similarly, the World Bank defines it as the abuse of public office for private gain. Both definition have three key elements in common: entrusted power, a deviation from the norm, and a personal gain.

Corruption can be petty or grand corruption, depending on the amounts of money lost and the importance of the individuals or institutions involved, and active or passive. There are many forms of corruption, including bribery, embezzlement, favouritism, nepotism, fraud, sexual corruption, extortion, collusion, money laundering, clientelism and political corruption. Corruption can therefore be monetary (involving amounts of money) or non-monetary (involving favours or other forms of gain).

Source: Transparency International

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