Kleptocracy
There are symptoms of kleptocracy today, in our part of the world. it is a form of government where corrupt leaders use their political power to enrich themselves and their close associates through embezzlement, bribery, and other forms of corruption.
It is a corrupt system where the ruling class uses public funds to line their own pockets at the expense of the people.
Kleptocracies are usually repressive and undermine democracy and the rule of law.
Corruption like an octopus spreads its tentacles; it is the abuse of entrusted power for personal or private gain.
It is a form of dishonesty or criminal activity by those in power, typically involving bribery, kickbacks, and other forms of oppression.
Corruption can have adverse effects on a society, including economic stagnation, decreased foreign investment, and a weakened rule of law.
Consequently, corruption is seen as a major obstacle to development and economic growth.
Friends, relatives and cohorts are easily appointed to positions of authority and engage in Embezzlement, which is the theft or misuse of funds or other assets by a person or organization entrusted with their care.
It is a type of fraud wherein the perpetrator misappropriates funds or property for their own personal gain, with the intention of depriving the rightful owner of the funds or property.
Embezzlement is different from larceny or theft, as the embezzler has legitimate access to the funds or property taken.
Meanwhile at the grey collar and grassroots engage in Larceny, which is the wrongful taking of another person's property without their consent.
It is a type of theft and is considered a criminal offence in most countries.
Generally, larceny is defined by the taking away of property with the intention of permanently depriving the owner of it.
Examples of larceny include burglary, shoplifting, pickpocketing, and the taking of a bicycle or motor vehicle.
Bribery is the act of providing money, goods, or services to someone in order to influence their behaviour or actions.
It is a form of corruption and is illegal in many countries.
Bribery can take many forms, such as cash payments, gifts, discounts, or special favours.
Bribery is often used to gain an advantage in business or politics, and can have serious consequences if discovered.
Which the masses are focus on fear and uncertainties throughout the community; at the highest level of authority, it’s all in kickbacks, this is the payment made to someone in exchange for preferential treatment or other undue benefits.
It is a form of bribery and a form of corruption.
Kickbacks are often made in order to influence a decision-maker to award a contract to a certain company or individual. In many countries, kickbacks are illegal and can result in criminal prosecution.
No need to hide, camouflage or wear masks; It’s all happening in broad day!
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