A look at various kinds of corruption: Part 1 — Greg Lopez

Source: Malay Mail Online

BY GREG LOPEZ

JANUARY 2 — Corruption is a word that Malaysians hear regularly. There are many other words that are often confused or used interchangeably with corruption.

The World Bank has the following words that are often used interchangeably with corruption.

Corruption — a corrupt practice is the offering, giving, receiving or soliciting, directly or indirectly, anything of value to influence improperly the actions of another party.

Collusion – a collusive practice is an arrangement between two or more parties designed to achieve an improper purpose, including influencing improperly the actions of another party.

Coercion — a coercive practice is impairing or harming, or threatening to impair or harm, directly or indirectly, any party or property to influence improperly the actions of a party. Read more