International records / OpenAlex research

The war against corruption in Nigeria: a new role for the FIRS?

Purpose The purpose of this paper is to examine the implications which the recent Federal Inland Revenue Service (Establishment) Act (FIRS Act), 2007 have for the ongoing war against corruption in Nigeria. Design/methodology/approach The paper examines the relevant provisions of the Act, which confers on the Federal Inland Revenue Service (FIRS) some anti‐corruption‐related powers. It discusses how the FIRS may benefit from the existing third‐party information regime under the Money Laundering (Prohibition) Act (MLA), 2004, and the amendments that should be made to the MLA to make the informat…