Graft and Corruption Flashcards
What is the Act of Corruption?
Corruption includes bribery, fraud, extortion, cartels, abuse of power, embezzlement, and money laundering
What is Graft in Philippines?
“Acquisition of gain or advantage by dishonest, unfair or sordid means”
What is Bribery?
Offering, giving, receiving, or soliciting of any item of value to influence the actions of an official or other person in charge of a public or legal duty.
Give some examples of Bribery
Influence Peddling
Offering or receiving improper gifts
To avoid tax liability
In support of funds
What are the Forms of Corruption?
Grand Corruption
Petty Corruption
What is Grand Corruption?
The abuse of high level power that benefits the few at the expense of many
What is Petty Corruption
Everyday abuse of entrusted power by public officials in their interactions with ordinary citizens
What is the special court for Anti-Corruption?
Sandiganbayan