Can you define corruption, bribery, and embezzlement?
Corrupt officials have two methods they can profit from their positions. They can misappropriate or embezzle money from the state budget, or they can bribe people by demanding additional money in exchange for their services.
A person or group committing corruption engages in dishonest, fraudulent, or even criminal behavior by abusing their position of trust to pursue personal gain or other unethical or illegal objectives. Corruption can be committed by an individual or an organization and is dishonest, fraudulent, and possibly criminal. In addition to the governmental sphere, corruption also occurs in the business, educational, and media sectors, among other social and economic sectors. Corrupt practices are frequently brought on by an absence of transparency and regulations. Bribery and theft are two ways that corruption can manifest.
Bribery is the act of offering, giving, soliciting, or getting anything of value in order to influence the behavior of someone who is tasked with a public or legal duty. When this happens, decisions are made that are best for the decision-maker’s personal goals rather than how they should be made. Bribery is therefore illegal, and both the giver and the receiver may face charges.
Embezzlement is when personal property is fraudulently taken by a person with whom it was entrusted. The most frequent connection is with the theft of money. Whether the defendant retains the personal property or gives it to a third party, it is still embezzlement.