“Public Trust Betrayals” investigates the widespread consequences of corruption and misappropriated funds, revealing how these actions erode governance and destabilize economies.

The book illustrates how corruption isn't merely a financial issue; it's a violation of the social contract, fostering public cynicism and undermining faith in democratic institutions. It highlights the systemic nature of corruption, demonstrating how even seemingly isolated incidents can have long-lasting repercussions on public services and infrastructure.

The book systematically explores these issues, beginning by defining key concepts like public trust and misappropriation, before delving into case studies of significant fraud incidents, both large-scale and localized. It highlights that the methods of corruption evolve with technology but the underlying drivers remain consistent.

By examining examples from government procurement to financial institutions, the book demonstrates the long-term economic and social costs of corruption. Ultimately, the analysis emphasizes the need for strengthened accountability mechanisms and ethical governance, offering insights for combating corruption and promoting greater transparency.

The book draws from investigative journalism, audit reports, and legal documents to support its arguments, providing a holistic understanding of the phenomenon for students, policymakers, and concerned citizens alike.

Central Bank Roles