As defined by Transparency International, corruption is the abuse of entrusted power for private gain.
Transparency involves shedding light on shady deals, weak enforcement of rules and other illicit behaviour that undermine good governance, ethical business practices and society generally. It is the best way to guard against corruption and helps promote trust in people and institutions.
Corruption corrodes the very fabric of society. It weakens people’s trust in political and economic systems, institutions and leaders. People’s freedom, health, money and even their lives may be lost due to corruption.
As defined by Transparency International, a conflict of interest situation arises where a person or organisation, whether government, business, media or civil society, is confronted with a choice between the duties and demands of their position and their own private interests.