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kleptocracy

   Also found in: Wikipedia 0.01 sec.
klep·toc·ra·cy  (klp-tkr-s)
n. pl. klep·toc·ra·cies
A government characterized by rampant greed and corruption.

[Greek kleptein, to steal + -cracy.]

klepto·crat (-t-krt) n.
klepto·cratic adj.


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The scandal has sparked protests and raised doubts over Yudhoyono's drive to lift the scourge of corruption from Indonesia, which remains ridden with graft despite 10 years of reform since the fall of the Suharto kleptocracy.
But his regime turned into a kleptocracy and in mid-1997 Indonesia plunged into its worst economic crisis since independence.
And for you nostalgia buffs, the company also said last week that it had settled its pending litigation with the SEC and that among other things, it would no longer need the services of its "special monitor," Richard Breeden, the former SEC chairman who once described Hollinger International as a "corporate kleptocracy.
 
 
 
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