Introduction
Bribery and corruption are a current primary public concern in most of the countries. It is partly attributable to the corruption press coverage regarding the public officials. Most OECD countries have enacted the legislation that prohibits bribery in the foreign public official level. Mainstream economists are also on the rise of focusing on the bribery factor in the business sector. They recognize bribery as a primary impediment for economic development and a subject that is worth policy redress and academic scrutiny. Both the International Monetary Fund and the known World Bank have established high profile commitments that aims at eradicating corrupt practices ...