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  • Ashok Sarangapani

Corruption

Updated: Sep 5, 2019


Source: UNDP.

Quote: "Corruption has a direct impact on the three dimensions of sustainable development – social, economic and environmental – and affects each of the five pillars of the 2030 agenda: people, planet, prosperity, peace and partnerships

$1.5 trillion Businesses and individuals pay in bribes annually $1 trillion The developing world loses in illicit financial flows. Illicit outflows to be 10 times higher than official development aid received Accumulated, lost budgetary resources exceed the estimated $10 trillion of resources required to end poverty by 2030.

Corruption-development nexus: Overall, corruption reduces efficiency and increases inequality. Estimates show that the cost of corruption equals more than 5% of global GDP (US$ 2.6 trillion, World Economic Forum) with over US$ 1 trillion paid in bribes each year (World Bank). It is not only a question of ethics; we simply cannot afford such waste." Unquote


Corruption & bribery feds & breeds nothing but corruption & bribery, it creates greed & ill-wealth, it drains the economy & it also topples governments. Corruption is a dangerous trait for humans and if left unattended, it can quite easily poison the whole society and to a point of no return.


Nowadays that are two important things in life: The first thing is money, and I can’t remember what the second one is!. We human beings should remember the second one, which is Anti-Corruption & Anti-bribery!!


In order words, the one word to forget is "Corruption" and the one word to remember is "Integrity".

What we really need is a sustained anti-corruption effort by all stakeholders. A dream anti-corruption drive can one day eventually see: Atrocities to Accountability; Bribery to Bench-marking; Concealment to Compliance; Deceit to Development; Embezzlement to Ethics; Favoritism to Frameworks; Gratifications to Governance, Hypocrisy to Honesty; Insider Trading to Integrity; Jealousy to Justification; Kickbacks to Knowledge sharing; Lawlessness to Leaders; Money Laundering to Monitoring; Narcotics to Nurture

Oppression to Opportunities; Poverty to Principles; Quarrels to Quality; Relegation to Risk Assessments; Sufferings to Sustainable Development; Trade-wars to Transparency; Upheaval to United; Violations to Values; War to Welfare.

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