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THE ROLE OF BANKS AND OTHER FINANCIAL INSTITUTIONS IN THE FIGHT AGAINST ECONOMIC AND FINANCIAL CRIMES IN NIGERIA

We all can recall that in the second Republic, President Shehu Shagari, introduced an “austerity bill” in the National Assembly in Lagos when it became apparent that all was not well with the economy. Indeed the bill was drawn up after late chief Awolowo’s observation that Nigeria’s ship was economically heading for the doldrums. Shagari’s eventual ouster brought into power the rather iron-fisted Buhari’s regime whose principal economic legislation was the Miscellaneous Offences Decree’. Indeed as regards offences involving drugs and psychotropic substances in particular, the Decree became the…

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    from https://abulj.org.ng/article/the-role-of-banks-and-other-financial-institutions-in-the-fight-against-economic-and-financial-crimes-in-nigeria.pdf