Corruption has devastating results to both individuals and the society. At the national level corruption breeds untold misery including the following:
· Undermines development
· Disregards fair play and quality work
· Economic benefits are enjoyed by the unscrupulous few
· Corruption constitutes a major obstacle to democracy and the rule of law
· It leads to depletion of national wealth
· Corruption hinders the development of fair market structures and distorts competition, thereby deterring investment
· Creates poverty
· Socially corruption undermines people’s trust in the political system and its leadership
· Corruption is the source of wars and conflicts
Globally, ccorruption impacts people’s lives in many different ways. In terrible cases, corruption costs lives, in other cases; it costs their liberty, wealth and health.