International records / OpenAlex research

Official corruption and the dynamics of money laundering in Nigeria

Purpose This paper aims to examine the interface between official corruption and money laundering in Nigeria and suggest ways of curbing these crimes. Design/methodology/approach The relevant laws dealing with these offences were examined to assess the adequacy or otherwise of the statutory provisions. The key provisions of the Criminal and Penal Codes were discussed in addition to the new enactments dealing with these crimes, namely, the Independent Corrupt Practices and Other Related Offences Act, the Economic and Financial Crimes Commission Act, the Money Laundering Act as well as the Code …