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Graft (politics)
Graft, as understood in American English, is a form of political corruption defined as the unscrupulous use of a politician's authority for personal gain. Political graft occurs when funds intended for public projects are intentionally misdirected in order to maximize the benefits to private interests. Political graft functions when the public officer is directed to purchase goods or services from a specific private interest at a cost far above regular market rates. The private interest then siphons some of the gratuitous profits to government officials who are able to ensure that future government spending continues in the same fashion so that this lucrative relationship continues. A member of a government may misappropriate directly from government funds, but they may also make decisions benefiting their own private economic interests by using inside knowledge of upcoming government decisions to their benefit, in a manner similar to insider trading. Although the confl ...
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American English
American English, sometimes called United States English or U.S. English, is the set of varieties of the English language native to the United States. English is the most widely spoken language in the United States and in most circumstances is the de facto common language used in government, education and commerce. Since the 20th century, American English has become the most influential form of English worldwide. American English varieties include many patterns of pronunciation, vocabulary, grammar and particularly spelling that are unified nationwide but distinct from other English dialects around the world. Any American or Canadian accent perceived as lacking noticeably local, ethnic or cultural markers is popularly called "General" or "Standard" American, a fairly uniform accent continuum native to certain regions of the U.S. and associated nationally with broadcast mass media and highly educated speech. However, historical and present linguistic evidence does not sup ...
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Embezzlement
Embezzlement is a crime that consists of withholding assets for the purpose of conversion of such assets, by one or more persons to whom the assets were entrusted, either to be held or to be used for specific purposes. Embezzlement is a type of financial fraud. For example, a lawyer might embezzle funds from the trust accounts of their clients; a financial advisor might embezzle the funds of investors; and a husband or a wife might embezzle funds from a bank account jointly held with the spouse. The term "embezzlement" is often used in informal speech to mean theft of money, usually from an organization or company such as an employer. Embezzlement is usually a premeditated crime, performed methodically, with precautions that conceal the criminal conversion of the property, which occurs without the knowledge or consent of the affected person. Often it involves the trusted individual embezzling only a small proportion of the total of the funds or resources they receive or cont ...
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Political Corruption
Political corruption is the use of powers by government officials or their network contacts for illegitimate private gain. Forms of corruption vary, but can include bribery, lobbying, extortion, cronyism, nepotism, parochialism, patronage, influence peddling, graft, and embezzlement. Corruption may facilitate criminal enterprise such as drug trafficking, money laundering, and human trafficking, though it is not restricted to these activities. Misuse of government power for other purposes, such as repression of political opponents and general police brutality, is also considered political corruption. Over time, corruption has been defined differently. For example, in a simple context, while performing work for a government or as a representative, it is unethical to accept a gift. Any free gift could be construed as a scheme to lure the recipient towards some biases. In most cases, the gift is seen as an intention to seek certain favors such as work promotion, tipping in o ...
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Patronage
Patronage is the support, encouragement, privilege, or financial aid that an organization or individual bestows on another. In the history of art, arts patronage refers to the support that kings, popes, and the wealthy have provided to artists such as musicians, painters, and sculptors. It can also refer to the right of bestowing offices or church benefices, the business given to a store by a regular customer, and the guardianship of saints. The word "patron" derives from the la, patronus ("patron"), one who gives benefits to his clients (see Patronage in ancient Rome). In some countries the term is used to describe political patronage or patronal politics, which is the use of state resources to reward individuals for their electoral support. Some patronage systems are legal, as in the Canadian tradition of the Prime Minister to appoint senators and the heads of a number of commissions and agencies; in many cases, these appointments go to people who have supported the politic ...
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Nepotism
Nepotism is an advantage, privilege, or position that is granted to relatives and friends in an occupation or field. These fields may include but are not limited to, business, politics, academia, entertainment, sports, fitness, religion, and other activities. The term originated with the assignment of nephews to important positions by Catholic popes and bishops. Nepotism has been criticized since the ancient times by several philosophers, including Aristotle, Valluvar, and Confucius, condemning it as both evil and unwise. Origins The term comes from Italian word ''nepotismo'',"Nepotism."
Dictionary.com. Retrieved 20 June 2013.
which is based on Latin root ''nepos'' meaning nephew. Since the a ...
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Money Trail
"Follow the money" is a catchphrase popularized by the 1976 docudrama film '' All the President's Men'', which suggests political corruption can be brought to light by examining money transfers between parties. Origin For the film, screenwriter William Goldman attributed the phrase to Deep Throat, the informant who took part in revealing the Watergate scandal. However, the phrase is mentioned neither in the non-fiction book that preceded the film nor in any documentation of the scandal. The book has the phrase "The key was the secret campaign cash, and it should all be traced," which author Bob Woodward says to Senator Sam Ervin. History The phrase ''Follow the money'' was mentioned by Henry E. Peterson at the 1974 Senate Judiciary Committee hearings as Earl J. Silbert was nominated to U.S. Attorney. A 1975 book by Clive Borrell and Brian Cashinella, ''Crime in Britain Today'', also uses the phrase. Since the 1970s, "follow the money" has been used several times in invest ...
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Inside Job
An insider threat is a malicious threat to an organization that comes from people within the organization, such as employees, former employees, contractors or business associates, who have inside information concerning the organization's security practices, data and computer systems. The threat may involve fraud, the theft of confidential or commercially valuable information, the theft of intellectual property, or the sabotage of computer systems. Overview Insiders may have accounts giving them legitimate access to computer systems, with this access originally having been given to them to serve in the performance of their duties; these permissions could be abused to harm the organization. Insiders are often familiar with the organization's data and intellectual property as well as the methods that are in place to protect them. This makes it easier for the insider to circumvent any security controls of which they are aware. Physical proximity to data means that the insider does n ...
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Cronyism
Cronyism is the spoils system practice of Impartiality, partiality in awarding jobs and other advantages to friends or trusted colleagues, especially in politics and between politicians and supportive organizations. For example, cronyism occurs when appointing "cronies" to positions of authority regardless of their qualifications. This is in contrast to a ''meritocracy'', in which appointments are made based on merit. Politically, "cronyism" is derogatorily used to imply buying and selling favors, such as votes in legislative bodies, as doing favors to organizations, giving desirable ambassadorships to exotic places, etc. Cronyism is a specific form of In-group favoritism, favoritism. Etymology The word "crony" first appeared in 17th-century London, according to the ''Oxford English Dictionary'' and is believed to be derived from the Greek language, Greek word ''chronios'' (χρόνιος), meaning "long term". A less likely but oft-quoted source is the supposed Irish languag ...
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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. Corruption may involve many activities which include bribery, influence peddling and the embezzlement and it may also involve practices which are legal in many countries. Political corruption occurs when an office-holder or other governmental employee acts with an official capacity for personal gain. Corruption is most common in Kleptocracy, kleptocracies, oligarchy, oligarchies, narco-states, and mafia states. Corruption and crime are endemic sociological occurrences which appear with regular frequency in virtually all countries on a global scale in varying degrees and proportions. Each individual nation allocates domestic resources for the control and regulation of corruption and the deterrence of crime. Strategies which are undertaken in order to c ...
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Influence Peddling
Influence peddling is the practice of using one's influence in government or connections with authorities to obtain favours or preferential treatment for another, usually in return for payment. It is also called traffic of influence or trading in influence. Influence peddling ''per se'' is not necessarily illegal, as the Organisation for Economic Co-operation and Development (OECD) has often used the modified term "undue influence peddling" to refer to illegal acts of lobbying. However, influence peddling is typically associated with corruption and may therefore delegitimise democratic politics with the general public. It is punishable as a crime in Argentina, Belgium, Brazil, France, Hungary, Italy, Portugal, Romania, Spain, and the United Kingdom. :no:påvirkingshandel Known cases *In 2012 the vice president of Argentina Amado Boudou was accused of being a mere straw owner of the printing house Ciccone Calcográfica, a private company that has contracts to print over 120 mi ...
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Conflict Of Interest
A conflict of interest (COI) is a situation in which a person or organization is involved in multiple interests, financial or otherwise, and serving one interest could involve working against another. Typically, this relates to situations in which the personal interest of an individual or organization might adversely affect a duty owed to make decisions for the benefit of a third party. An "interest" is a commitment, obligation, duty or goal associated with a particular social role or practice. By definition, a "conflict of interest" occurs if, within a particular decision-making context, an individual is subject to two coexisting interests that are in direct conflict with each other. Such a matter is of importance because under such circumstances the decision-making process can be disrupted or compromised in a manner that affects the integrity or the reliability of the outcomes. Typically, a conflict of interest arises when an individual finds themselves occupying two soc ...
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Political Corruption
Political corruption is the use of powers by government officials or their network contacts for illegitimate private gain. Forms of corruption vary, but can include bribery, lobbying, extortion, cronyism, nepotism, parochialism, patronage, influence peddling, graft, and embezzlement. Corruption may facilitate criminal enterprise such as drug trafficking, money laundering, and human trafficking, though it is not restricted to these activities. Misuse of government power for other purposes, such as repression of political opponents and general police brutality, is also considered political corruption. Over time, corruption has been defined differently. For example, in a simple context, while performing work for a government or as a representative, it is unethical to accept a gift. Any free gift could be construed as a scheme to lure the recipient towards some biases. In most cases, the gift is seen as an intention to seek certain favors such as work promotion, tipping in o ...
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