CORRUPTION GLOSSARY – I
ILLICIT FINANCIAL FLOWS – this generally involves the cross-border transfer of money earned through illegal activities, and efforts to shelter wealth from a country’s tax authorities. The sources of the […]
This author has yet to write their bio.Meanwhile lets just say that we are proud Corruption Watch contributed a whooping 3084 entries.
ILLICIT FINANCIAL FLOWS – this generally involves the cross-border transfer of money earned through illegal activities, and efforts to shelter wealth from a country’s tax authorities. The sources of the […]
GIFT GIVING – a cultural practice in many societies, by which people offer presents and favours in various circumstances according to local customs. Problems arise when gift giving to and […]
Do you know your baksheesh from your bribery? Your cronyism from your collusion? Read our evolving glossary of terms relating to corruption to find out what they all mean.
FACILITATION PAYMENTS – these are bribes, also called facilitating, speed or grease payments. They’re made to secure or expedite the performance of a routine or necessary action to which the […]
EMBEZZLEMENT – when a person holding office in an institution, organisation or company dishonestly and illegally appropriates, uses or traffics the funds and goods they have been entrusted with for […]
DEBARMENT – a company is debarred by a government or multilateral agency when it is formally prohibited from tendering for projects that the government or agency is funding (or supporting […]
CAPITAL FLIGHT – this is money that shifts out of a country, whether legally or illegally. Illegal capital flight is intended to disappear from any record in the country of […]
BAKSHEESH [backsheesh, bakshis] – an Arabic term for a relatively small amount of money given to a beggar or for services rendered (as to a waiter): alms, tips, gratuity, pourboire. […]
A LOOTA CONTINUA – variation of the phrase A luta continua – the struggle continues. The original was the rallying cry of the Frelimo movement in Mozambique’s civil war of […]
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