Saturday, November 06, 2010

Thursday, November 04, 2010

Grease money

Discovered this word after a wiki search on bribery.
For the last few days bribery has been a buzz word for me. Whatever the topic be, whoever it be with whom I talk..this has been one common thing featuring everywhere...One thing I've realized is that government officials are the most prospering ones owing to this omnipresent phenomena..Any department we take.. everywhere there is a huge scope for corruption....for ex: municipal corporations(for every damn approval they charge hefty amounts),airport customs, traffic police...all of them are minting money....

There is an interesting aspect of Bribe.

Bribe is one thing which can be both a Capex as well as an Opex. It is more painful as an Opex.
It has a long value chain of its own..comprised of government officials of all ranks, goons, media, sometimes even locals..While I was searching for bribery on web, found this interesting felt like sharing