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Eight Ways to Commit Grand Corruption (Part Two)

Large bribes paid to public officials are difficult to track. Hardly ever are the bribes delivered in suitcases of cash  – although that has been known to happen. More often than not, bribes are paid through bank transfers made to ”corporate vehicles” – companies, foundations and trusts – that have been set up to conceal illegally […]

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Eight Ways to Commit Grand Corruption (Part One)

Having grown up during the Marcos era, I have a morbid fascination with corruption that takes place on a grand scale. By the time their 20-year reign ended in 1986, Ferdinand Marcos and his glittering wife Imelda had amassed a fortune estimated at $10-$20 billion dollars and stashed in Swiss banks, artwork and real estate, […]