Graft and Corruption

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17 Terms

1
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What is corruption?

Abuse of power for personal gain

2
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What is graft?

Illegal getting of money through cheating or deception.

3
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Difference between graft and corruption?

Graft = illegal money gain

Corruption = misuse of power + money for private benefit

4
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What are the 6 forms of corruption?

Bribery
Extortion
Nepotism
Fraud
Embezzlement
Influence peddling

5
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What is bribery?

Giving/receiving something in exchange for an illegal favor.

6
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What is extortion?

Getting money through threats.

7
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What is nepotism?

Favoring relatives even if they don’t deserve it.

8
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What is fraud?

Cheating to gain wealth using government resources.

9
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What is embezzlement?

Stealing money you are trusted to handle.

10
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What is influence peddling?

Using connections to get favors for money.

11
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What are the main anti-corruption laws?

RA 3019 – Anti-Graft and Corrupt Practices Act

RA 6713 – Code of Conduct for Public Officials

Revised Penal Code – corrupt acts

RA 9160 – Anti-Money Laundering Act

12
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What are the two types of corruption?

Grand corruption and petty corruption

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What is grand corruption?

High-level officials stealing big amounts of money.

14
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What is petty corruption?

Everyday small corruption by low-level employees.

15
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What are the two UNDP types of corruption?

Spontaneous and Systemic

16
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What is spontaneous corruption?

Rare corruption in ethical countries.

17
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What is systemic corruption?

Corruption everywhere, becomes “normal.”