Posted by Egide on 2024-11-21 16:21:17 |
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Embezzlement and effects on economy
Embezzlement is generally defined as the fraudulent misappropriation of goods of another by a servant, an agent, or
another person to whom possession of the goods has been entrusted. The offense
has no single or precise definition. Typically, embezzlement occurs when a
person gains possession of goods lawfully and subsequently misappropriates
them. In this respect, embezzlement is to be contrasted with the crime of larceny,
which requires the taking of goods from the possession of another without the latter’s consent.
The scope of the old common-law crime of larceny has been gradually extended by
various manipulations of the concept of possession. This is the same case with
donations in Burundi. We don’t hesitate saying that donations given to Burundi
could fit some gaps such as repairing roads, building schools and other infrastructures. In
contrary, we face the opposite. What the cause? But this should be corrected for
the sake of the development of the country. This extension failed to cover
situations in which the servant received goods from a third person intended for
his master. The failure of the law of larceny to provide adequate protection
for the property of employers against the depredations of servants and
employees led to the passage of specific statutes.
Pointing our country Burundi, there is limit such statutes to the misappropriation of goods received by an employee “by virtue
of his employment.” They broaden the offense to include any property of the
principal received by the defendant employee. Some jurisdictions include even
property passed to an employee by mistake, while others require the property to
be deliberately passed. The most widely adopted statutes cover custodians of
public funds. Many laws subject public servants to severe penalties, even if
funds are lost through improper administration rather than a clear attempt to
steal.
