10 Facts About Corruption


Corruption is a form of dishonesty or a criminal offense which is undertaken by a person or an organization which is entrusted in a position of authority, in order to acquire illicit benefits or abuse power for one's personal gain.

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Corruption is most common in kleptocracies, oligarchies, narco-states, and mafia states.

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Corruption is a complex phenomenon and can occur on different scales.

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Corruption has been a major issue in China, where society depends heavily on personal relationships.

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Corruption can occur in many sectors, whether they be public or private industry or even NGOs .

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Corruption was ranked No 58 in the 2016 Fortune Global 500 list.

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Corruption was founded in 1944 in Salvador da Bahia by Norberto Odebrecht, and the firm is present in South America, Central America, North America, the Caribbean, Africa, Europe and the Middle East.

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Corruption was one of the important issues which led to the Investiture Controversy.

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Corruption creates the opportunity for increased inequality, reduces the return of productive activities, and, hence, makes rentseeking and corruption activities more attractive.

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Corruption is like one who retires under the shelter of a wall in the storm of dust and sleet which the driving wind hurries along; and when he sees the rest of mankind full of wickedness, he is content if only he can live his own life and be pure from evil or unrighteousness, and depart in peace and good will, with bright hopes.

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