By AKANDE DANIEL OLUWATOYESE
Definition of corruption
Corruption is the illegal behavior that always happened by powerful people such as government officials like police officers
Corruption is also dishonest or illegal behavior by those in positions of power.All those we one abuse their power ,aThey may be individual or it can be in a group or organization it may also be like business or government
Corruption can instill a verity of action including giving or accepting bribe or inappropriate gifts , it also mean doing an act which the law forbids as tending to corrupt. Corruption also mean as anything that recipients office or duties will be likely to be caught. Corruption also refers to public power for personal gain for Example it can don be elected politicians , Civil servants ,Administrators of the school or anyone in that power and we also have private corruption individuals and business for Example ,Education , marriage
Corruption is not only bribe
People especially the poor get hurt when resources are wasted that’s why it is so important to understand the difference kind of corruption to develop smart responses
Power of the people some time there are using power to create pathways that given citizens relevant tools to engage and participate in there governments identify problems and find the solution
Understanding corruption
Corruption is any behaviors that lead to the benefit of an entity in power at expense of others.
Corruption occurs when someone in position of power .Use the authority to conduct any other dishonest behavior like given or accepting bribes
What corruption mean
corruption is any dishonest of behavior that someone that in position of power that benefit him self at the expense of there person and also it can be in an individual , corporations or government, this can come in form of giving or taking bribes
What does government correction Look like
Government corruption occurs when the party that in the power takes on a more invasive and pervasive rule . Forms of government corruption including nepotism bribery, Embezzlement ,lobbying , and cronyism for example the government may use their power to grant family members high ranking positions.
Causes of corruption
Corruption is the one of the biggest problems in any country, This issues has hindered the development of the country. There are many things that cause corruption. I will like to analyze various causes of corruption
Greed
Poverty
Apathy
Illiteracy
Greed is one of major that cause corruption , it is a great that will cause a politician to,
Embezzle fund s which area meant for the development of the community if leaders can learn how to stop seeking personal gains and start working for the good of community then corruption will be greatly defeating
Poverty is also lead to corruption the people that also poor can easily influence by politicians who seek coerce them in to committing crime such as ringing elections ,accepting bribes , The politicians know that the poor people are also easy to influence by that is the why they don’t want to pass bill that will improve the standards of living of the masses
Apathy this also cause corruption when the people have lost there faith in people that are lead and thus no longer see the need to vote in elections ,All this people have lost their belief in all leaders that is the reason that have collected the bribe from their leaders
Illiteracy lack of education is also cause the corruption if people were ere educated they have know the kind of damage they the corruption the do to country and in torn them out of office
Lack of selflessness we need leader who will put need for people before there own agenda if we want good in our society we must have a good leader
Effects of corruption
Everyone believes that corruption, regardless of its form is the biggest obstacle to progress more devastating than any other defects .it effects economic, social and political aspects of life.
Hindering the development of community ,It shot ling time of the development plans
Wasting of the state resources
Weakening the state income due to custom smuggling and tax fees
Social
Undermining national security and the social leaders ,Direct or indirectly due to corruption economic and public repercussions
The collapse of social structures and the spread of hatred among society , Due to justice
Political
Undermining of the monitoring of public and private sectors ,activities
Spending Mistrust in the rule or low and state institutions
Depriving the right people from holding high positions which increases hatred and effort corruption whet state institutions
Real examples of corruption
There are many examples of corruption and I will like to analyze some of them , is may include individual or organizations whether that entails corporations or government.or many often go undetected because the behavior is well hidden or because is goes undetected ,The following are just two example of documented corruption
Major Banks
They security and exchange commission (SEC) fined five major global banks in 2015 on various corruption charges.
Citi, JPMorgan Chase, Barclays, and The Royal Bank of Scotland agreed to plead guilty to rigging the foreign exchange market. According to the SEC, the banks “manipulate(d) the price of U.S. dollars and euros exchanged in the foreign currency exchange (FX) spot market.” The four institutions paid criminal fines of more than $2.5 billion.
. PTC
In 2016, the SEC ordered software company PTC to pay a combined $28 million in fines for attempting to bribe Chinese officials by providing approximately $1.5 million in recreational travel through two PTC China-based subsidies PTC struck a delicate public relations (RS) effort to restore its reputation as the case became increasingly public.
How to prevent corruption
There is know body that can not prevent corruption ,we all can also prevent public corruption and make sure public found are spent as intended by maintaining victories school , hospital ,road ,and other vital public services and projects. Ether you like or not you are already a public sector employee ,government supplies or member of the public, By that you can learn about taking action to prevent corruption,There is impact and effective prevention measures across various public sector and activities
Information by sector
State government
Local government
Police
Information by activity
Procurement
Criminal association
Conflict of interest
You also sector public employees you can also prevent corruption
You are the best place to identify suspicious that conduct by other employees in your company you have to be trusted if anything happened that related to corruption you need to tell your employer.
Public sector leaders are responsible for preventing corruption
If you a manager or leader as public sector you Must take responsibility for preventing corruption in your company and this is not just because you a leader but you also have the best understanding of your work and you will remove the risk specific do your work
About the police
The chief commissioner or Victoria police must notify us of complaint about corrupt conduct or misconduct
How to stop corruption
We need to look and balance is important to stop corruption,This takes about educating the public creating a robust environment,Implementing,Regulations ,and opening up avenues to reporting and ensuring the safety of authors who make their reports.and all the leaders must listen to people that are complaining about corruption.By that corruptions can stop.
