Corruption is exercising the use of powers by government officials or their network contacts for illegitimate private gain. The form of corruption includes patronage, influence peddling, graft, bribery, nepotism, extortion, cronyism. Corruption can undermine social and economic development in all societies. Sadly, no country, region or community is immune from corruption. The UN reported that every year $1 trillion is paid in bribes. It also estimated $2.6 trillion is stolen annually through corruption. The amount that is bribed in a year is the sum equivalent to more than 5% of the global Gross domestic product (GDP). The United Nations Development Programme report stated that in developing countries the funds that are lost to corruption are estimated at 10 times the amount of official development assistance.
On 31st October 2003, the United Nations General Assembly (UNGA) adopted the United Nations Convention against Corruption. It passed a resolution and designated 9th December as International Anti-Corruption Day. The day was designated to raise awareness of corruption and of the role of the Convention in combating and preventing it. The Convention came into force in December 2005.