TagGraft

vulture fund

vulture fund  n.— «The government says it is still recovering from a devastating war and faces a new problem: Western investors, sensing a chance to rake in millions, are suing to recover old debts that they bought for pennies on the...

ganbuler

ganbuler  n.— «In recent years, corrupt officials have gambled away billions in the casinos of Macau, and Beijing is trying to stop this as part of a broader crackdown on graft in China. Party officials gambling in Macau are known as...

selling loads

selling loads  n.— «Cab rides in New Orleans aren’t even cheap, thanks to factors ranging from the high cost of cab leases to the unsavory practice of hotel employees “selling loads” to cabbies. “Just to get an airport...

air supply

air supply  n.— «Although petty corruption is rampant in the civil service, Ruzindana has focused on the big fish—senior officials motivated less by need than greed. His target is the booming and notorious Ugandan enterprise known here as...