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Yes, there is corruption. In a properly functioning democracy, these corruptions would be exposed and the scoundrels would be voted out of office. Sadly it doesn't always work that way.
Governments are into profit but for the purpose of public spending rather than lining shareholder pockets. Government spending should go to things like infrastucture and social spending (if your system leans this way). Whereas, corporate profits go in part to bettering the corp but also benefitting the shareholders.
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"My hands are on fire. Hands are on fire. Ain't got no more time for all you charlatans and liars."
- Old Man Luedecke
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