Corruption Affects Everyone essay

Corruption Affects Everyone: Corruption Affects Public Safety, Government Functions and Families

Corruption is “the abuse of power for private gain” and is a serious crime. Corruption has become a massive problem that needs to be addressed: Top 10 Bribery and Corruption Stories of 2019. (2020, January 7). reports, “The massive Unaoil scandal continued to make headlines. Four businessmen pleaded guilty in London courts in 2019, admitting that they were involved in paying millions in bribes. According to investigators, the illicit payments were made to officials in nine different countries over a p of 17 years. As part of the scheme, participants were alleged to have engaged in widespread money laundering and attempts to destroy evidence. It is alleged that two of the key players in the scandal made millions of dollars in bribe payments to government officials in Algeria, Angola, Azerbaijan, the Democratic Republic of Congo, Iran, Iraq, Kazakhstan, Libya and Syria. Fallout continues from the massive Unaoil case, which some have said is the largest bribery scandal in history. The family business from Monaco is alleged to have systematically corrupted the global oil industry. Paying our millions of dollars in bribes for big name companies including Samsung, Rolls-Royce and Halliburton.” It is in human nature to take the easy way out and to gain for personal benefit. Biological (nature) and psychological (nurture) factors are a part of corruption. The increase of corruption affects public safety, government functions, and families.

There are many types of corruption such as: Fraud deals with monetary donations and cash transactions, Bribery is when a person offers an incentive to another individual, looking to influence their thoughts or behavior; Extortion is similar to bribery, extortion is receiving something in return such as cash or power by threatening others; Nepotism or Cronyism occurs when employers favor friends or relatives for jobs over applicants who are qualified for positions; Misuse of Official Position is when an official uses his or her position to perform an act of misconduct while in office, such acts are embezzlement, abuse of trust, and fraud; Conflict of Interest is self-dealing or connection to him or herself while in office as high ranking official; Vote Buying occurs during elections when a candidate promise to return a favor, if elected into office. Corruption affects the world’s political, economic, social, and environmental costs.

Transparency International Corruption. (2018). reports, “Politically