Economic crime is described as:
· Theft of Government assets
· Fraud against government
· Tax and duty evasion.
· Theft and fraud against parastatals
A bribe is any payment in cash or kind, which is given or received corruptly. The legal definition is “valuable consideration.” It includes a gift, benefit, loan, fee, reward or commission, employment or contract, payment, service, assistance, protection, any material gain, concession, advantage, or gift other than casual gift.