Corruption in Banks
Corruption in Banking
The data for these findings include confidential and sensitive material elicited by TIB from retired public officials and managers. These so called "diagnostic reports" contain inside information and anecdotal evidence and give us insight into the nature and mechanism of corruption. A survey of consumers carried out by the TIB in 1998 provides corroborating evidence for the types of corruption suggested by the diagnostic reports. Of 620 households in the TIB survey of corruption in Bangladesh, 53 had taken out a bank loan and 30 of them used bribery or influence to secure the loan.
This study makes use of TIB's repository of publicly available information on corruption. TIB Internal reports generated by the research staff support the general nature of our findings. Research methods used by the staff include field interviews with public officials and the media and the construction and analysis of a database of newspaper articles on corruption in Bangladesh.
All forms of corruption involve the abuse of a public office for personal gain. These episodes may be either transactional or non-transactional. Transactional corruption involves a transaction between a public sector entity and a private sector entity. The act of corruption subverts this transaction for personal gain by one or both parties either in cash or in kind at the expense of society at large. Power vested in public officials is abused in subverting the transaction. Either party may initiate the subversion of the transaction. The transaction may be for a service that is withheld to extort bribes or for extra-legal considerations.
In non-transactional corruption public officials abuse the power of their office or the access to public resources available through their office for private gain. Non-transactional corruption may be either collusive or non-collusive. Non-collusive corruption is a form of embezzlement. The public official, alone or in concert with other public
The data for these findings include confidential and sensitive material elicited by TIB from retired public officials and managers. These so called "diagnostic reports" contain inside information and anecdotal evidence and give us insight into the nature and mechanism of corruption. A survey of consumers carried out by the TIB in 1998 provides corroborating evidence for the types of corruption suggested by the diagnostic reports. Of 620 households in the TIB survey of corruption in Bangladesh, 53 had taken out a bank loan and 30 of them used bribery or influence to secure the loan.
This study makes use of TIB's repository of publicly available information on corruption. TIB Internal reports generated by the research staff support the general nature of our findings. Research methods used by the staff include field interviews with public officials and the media and the construction and analysis of a database of newspaper articles on corruption in Bangladesh.
All forms of corruption involve the abuse of a public office for personal gain. These episodes may be either transactional or non-transactional. Transactional corruption involves a transaction between a public sector entity and a private sector entity. The act of corruption subverts this transaction for personal gain by one or both parties either in cash or in kind at the expense of society at large. Power vested in public officials is abused in subverting the transaction. Either party may initiate the subversion of the transaction. The transaction may be for a service that is withheld to extort bribes or for extra-legal considerations.
In non-transactional corruption public officials abuse the power of their office or the access to public resources available through their office for private gain. Non-transactional corruption may be either collusive or non-collusive. Non-collusive corruption is a form of embezzlement. The public official, alone or in concert with other public