The World Bank (1997) defines corruption as the "use of public office for private gain". The Organisation for Economic Co-operation and Development ( OECD) considers corruption as "the abuse of a public or private office for personal gain" and the non-governmental organization (NGO) Transparency International (TI) defines it as "the abuse of entrusted power for private gain". The reference to "private office" and "entrusted power", as opposed to just "public office" or "public power", represent important advances because they cover types of corruption that do not exclusively involve politicians, bureaucrats or public power. In contrast, UNCAC does not define corruption as such. It rather defines specific acts of corruption, such as bribery in the public and private sectors, embezzlement in the public and private sectors, trading in influence, abuse of functions, illicit enrichment, money-laundering, concealment, obstruction of justice, and urges States parties to criminalize these acts in their jurisdictions.
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Meet our Speakers
We've gathered some of the top experts in the field to discuss this topic. With years of experience between them, they're well-equipped to offer invaluable insights and perspectives.
Prof Robert Barrington
Professor of Anti-Corruption Practice, Centre for the Study of Corruption, University of Sussex
Prof Liz David-Barrett
Head of the Global Programme on Measuring Corruption, International Anti-Corruption Academy
King Carl Tornam Duho, ACMA CGMA CA
Technical Advisor & Economic Consultant, Dataking Research Lab, Dataking Consulting
Full Professor in the Department of Criminal Justice at the University of Sarajevo, Bosnia and Herze, University of Sarajevo
Fund Manager & Vienna Multilateral Representative, Global Initiative Against Transnational Organized Crime
Dr. Fernando Zarabozo Fernando Gabriel Zarabozo
Adjunct Faculty, European Center for Security Studies "George C. Marshall"
Global Initiative against Transnational Organised Crime, Global Initiative against Transnational Organised Crime