Graft
The illegal use of political influence for personal gain.
Graft refers to the corrupt practice of using one’s position of power or influence for personal gain, often involving the acceptance of bribes or kickbacks. It can occur in many different contexts, including corporate business dealings, government contracts and procurement, political campaign finance, and public service provision.
Graft is considered a serious crime, as it undermines public trust and erodes the integrity of institutions. It often leads to inequity and inefficiency in resource allocation, as those who pay bribes or otherwise engage in graft are able to gain unfair advantages over others who do not.
To combat graft, many countries have established anti-corruption laws and regulations that prohibit and penalize corrupt practices. These may include measures such as increased transparency, whistleblower protections, independent oversight bodies, and criminal prosecution for offenders. It is important to uphold and enforce these measures and promote ethical behavior to maintain transparency and fair competition in all areas of society.
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