Corruption is a misuse of public office for personal advantage and it is often indicative of wider governance issues hurting economic evolution (Zekos, 2004). It can erode the functioning of countries around the world and lower the efficiency of production having a destructive effect on a country’s economic and political system. Governments of the countries need to make themselves engaged in anti-corruption attempts. Corruption introduces disorganizations that reduce ability and performance by limiting the number of bidders, advocating those with inside connections over the ultimate efficient candidates, limiting the information accessibleto participants, and initiating added transactions costs. (Ishola, 2012) Corruption is a socially repulsive, ethically wrong and economically damaging behavior. However, no nation is free from corruption, despite the fact that its degree and intensity differ from one country to other.(Vujik, 2014)Cultures with strong hierarchy and fatalism are positively correlated with corruption whereas egalitarian cultures correlate with lower corruption. Universal corruption is an indication of a poorly functioning state and it is capable of retarding economic growth and development. (Ng, 2006) Previous researchers have argued that where one has the ownership of power (i.e. entrusted power) over which he has discretion and utilizes it without regard to responsibility or liability (accountability) or fails to adhere with the relevant rules and