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Top 5 corruption Kings
Political corruption has been a fact of life for thousands of years, beginning with the first attempts at a democratic form of government in ancient Greece and Rome. Almost all of these countries' political representatives were from the wealthier class, which inevitably led to a division between the influential haves and the virtually powerless have-nots. The seeds of political corruption were planted as soon as the senators and other political leaders realized that power and wealth could be equals. Political corruption often begins with favoritism towards those with wealth and influence.
In the modern sense of the term, political corruption is a cancer on the integrity of a governmental body. Very few public officials begin their careers with the intention of becoming corrupt, but some succumb to a sinister form of peer pressure over time. Being placed in a position of significant political power can be overwhelming, and the temptation to bend or break rules for a perceived 'greater good' is always present.
Corruption is a world wide phenomena and is spread only by the supports of the top leaders majorily to promote their own personal wealth. Although this always look like a one person agenda but to achieve this heinous task require a team of similar minds so in a sense corruption is even a bigger crime than narcotics or weapon trade. However the leader of the ring rightly deserve the name and shame. I have compiled the list of most corrupt top ten persons in power or was in power in 2011.
1. Asif Ali Zardari - President Of Pakistan He rightly deserve the top position in list because of his innovative ideas and adding thousands of new tricks to corruption. His achievements in corruption are unthinkables as compair to any corrupt persons in this list he is least educated person but highly gifted criminal mind.
Corruption worth: $100 Billion & in progress
2. Hosni Mubarak is a former Egyptian politician and military commander. He served as the fourth President of Egypt from 1981 to 2011. Mubarak was ousted after 18 days of demonstrations during the 2011 Egyptian revolution.
Corruption Worth: $70 Billion
3. Zine El Abidine Ben Ali assumed the Presidency of Tunisia in November 1987 in a bloodless coup d'état from then President Habib Bourguiba, who was declared incompetent. Ben Ali was subsequently re-elected with enormous majorities at every election, the final time being 25 October 2009. Following the Tunisian Revolution, he fled to Saudi Arabia. Interpol subsequently issued a warrant for his arrest.
Corruption Worth: $65 Billion
4. Muammar Gaddafi has been the leader of Libya since a military coup on 1 September 1969 where he overthrew King Idris of Libya and established the Libyan Arab Republic. His 42 years in power make him one of the longest-serving rulers in history.
Corruption Worth: $63 Billion however corruption by his sons is in addition to his personal corruption.
5. Sonia Gandhi (born Edvige Antonia Albina Maino on December 9, 1946) is the President of Indian National Congress, one of the major political parties of India. She is Italian-born daughter-in-law of the late Prime Minister of India, Mrs. Indira Gandhi. After her husband Rajiv Gandhi's assassination in 1991, she was invited by the Indian Congress Party to take over the Congress but she refused and publicly stayed away from politics amidst constant prodding by the Congress. She finally agreed to join politics in 1997 and in 1998, she was elected as the leader of the Congress. Since then, she has been the President of the Indian National Congress Party becoming the longest serving President in September 2010. She has served as the Chairperson of the ruling United Progressive Alliance in the Lok Sabha since 2004. In September 2010, on being re-elected for the fourth time, she became the longest serving president in the 125-year history of the Congress party.
Corruption Worth: Unknown
Corruption poses a serious development challenge. In the political realm, it undermines democracy and good governance by flouting or even subverting formal processes. Corruption in elections and in legislative bodies reduces accountability and distorts representation in policymaking; corruption in the judiciary compromises the rule of law; and corruption in public administration results in the inefficient provision of services. It violates a basic principle of republicanism regarding the centrality of civic virtue. More generally, corruption erodes the institutional capacity of government as procedures are disregarded, resources are siphoned off, and public offices are bought and sold. At the same time, corruption undermines the legitimacy of government and such democratic values as trust and tolerance.
Corruption undermines economic development by generating considerable distortions and inefficiency. In the private sector, corruption increases the cost of business through the price of illicit payments themselves, the management cost of negotiating with officials, and the risk of breached agreements or detection. Although some claim corruption reduces costs by cutting red tape, the availability of bribes can also induce officials to contrive new rules and delays. Openly removing costly and lengthy regulations are better than covertly allowing them to be bypassed by using bribes. Where corruption inflates the cost of business, it also distorts the playing field, shielding firms with connections from competition and thereby sustaining inefficient firms.
Corruption facilitates environmental destruction. Corrupt countries may formally have legislation to protect the environment, it cannot be enforced if officials can easily be bribed. The same applies to social rights worker protection, unionization prevention, and child labor. Violation of these laws rights enables corrupt countries to gain illegitimate economic advantage in the international market.
The scale of humanitarian aid to the poor and unstable regions of the world grows, but it is highly vulnerable to corruption, with food aid, construction and other highly valued assistance as the most at risk. Food aid can be directly and physically diverted from its intended destination, or indirectly through the manipulation of assessments, targeting, registration and distributions to favour certain groups or individuals. Elsewhere, in construction and shelter, there are numerous opportunities for diversion and profit through substandard workmanship, kickbacks for contracts and favouritism in the provision of valuable shelter material. Thus while humanitarian aid agencies are usually most concerned about aid being diverted by including too many, recipients themselves are most concerned about exclusion. Access to aid may be limited to those with connections, to those who pay bribes or are forced to give sexual favours. Equally, those able to do so may manipulate statistics to inflate the number beneficiaries and syphon of the additional assistance.
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