You searched for: “malversation”
malversation (s) (noun), malversations (pl)
Misconduct or bad behavior in public office or corruption in an administration: A malversation may include any of a number of misdeeds, whether criminal or merely unethical: such as, bribery, mishandling of funds, embezzlement, extortion, etc.

The possibilities of malversations can take place in many situations, both privately and publicly.

Fraudulent tricks or misbehavior.
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Evil conduct or corruption and etortion.
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This entry is located in the following units: -ation, -ization (-iz[e] + -ation); -isation (British spelling variation) (page 61) mal-, male-, mali- (page 7) vers-, vert-, -verse, -version, -version, -versation, -versal, -versary, -vert, vort-, vors- (page 10)
Word Entries at Get Words: “malversation”
malversation, malversations
Bad behavior or improper conduct; especially, misbehavior in public office. (2)
This entry is located in the following unit: Word a Day Revisited Index of Cartoons Illustrating the Meanings of Words (page 53)