Grand Corruption ‘Consists Of Acts Committed At A High

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Grand corruption ‘consists of acts committed at a high level of government that distort policies or the central functioning of the state, enabling leaders to benefit at the expense of the public good’. Grand corruption represents a very dangerous social phenomenon plaguing Nigeria since the colonial era, which legal and institutional efforts to combat it over the years have taken many forms. However, the persistence of grand corruption in Nigeria arguably infringes on the realisation of certain human rights. Metaphorically, corruption is referred to as ‘public enemy number one’ that needs to be combatted using a holistic approach. The endemic nature of grand corruption in Nigeria provokes such rhetorical questions as: is it proper for…show more content…
The World Bank defines corruption as ‘the abuse of public office for private gain’. The World Bank’s definition asserts only public corruption, leaving out private corruption. This I see as a drawback as it is a recognized factor that private sector corruption enables public corruption to thrive. Ian Bannon argues that ‘this definition is not original, but it was chosen because it is concise and broad enough to include most forms of corruption that the Bank encounters, as well as being widely used in the literature’. For Humphrey Asobie, the definition by the World Bank ‘creates the impression that corruption is a malady that primarily or even solely afflicts those in the public service, especially state authority, whereas those in the private sector and civil society may be equally culpable’. Daniel Kaufmann saw the public office centered approach towards the definition of corruption as deficient asserting that ‘… we challenged this definition of corruption as placing too much emphasis on public office...we presented empirical evidence of the extent to which many powerful private firms engage in undue influence, to shape state policies, laws and regulations, for their own benefit’. The International Monetary Fund (IMF) defines corruption as ‘the abuse of

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