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QUESTION

What constitutes a conflict of interest and how is financial compensation considered?

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    Milton Williams, the Chair of the Conflicts of Interest Board, explains that conflicts of interest can occur when individuals are unqualified for positions or given unfair advantages, including situations involving financial compensation.

    • Conflicts of interest may arise if individuals are not qualified for a position or are given an unfair advantage.
    • Financial compensation can play a role in determining conflicts of interest.
    • Cases of potential conflicts, including those involving hiring family members, are evaluated carefully and individually.
    • The board maintains a high standard of scrutiny for all evaluated circumstances, without heightened scrutiny for any specific circumstance.