COLLUSION
Definition
A secret agreement between parties, in the public and/or private sector, to conspire to commit actions aimed to deceive or commit fraud with the objective of illicit financial gain. The parties involved often are referred to as ‘cartels’. The collusion is a type of fraud and includes a secret agreement between two or more persons, who seem to, and promote the appearance of having conflicting interests, to abuse the law or the legal system, deceive a court or to defraud a third party.
Example in practice
The Ghanaian government has been accused of allegedly colluding with logging companies to allow them to operate without the proper licensing and certification standards, resulting in estimates by civil society organisations that only 5 of the 600 logging concessions in the country are legal.
Relevant links
—— European Investment Bank: Anti-Fraud Policy.
www.eib.org/attachments/strategies/anti_fraud_policy_20080408_en.pdf
—— OECD: Glossary of Statistical Terms.
http://stats.oecd.org/glossary/detail.asp?ID=3159
—— US Department of Justice: An Antitrust Primer.
www.usdoj.gov/atr/public/guidelines/211578.htm
-- List of 14 Links to Collusion releases, cases and judgments
http://www.serve.com/pfc/collusion.html
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