International records / OpenAlex research

Assessing the Role of Shell Companies in Money Laundering Schemes in Nigeria

The purpose of this study is to explore the role of shell companies in facilitating money laundering schemes in Nigeria, utilizing a qualitative research approach. The research examines high-profile cases, such as the Panama Papers and the Danske Bank scandal, to uncover the sophisticated methods by which shell companies are used to obscure illicit financial flows. Through in-depth case studies and expert interviews, the study reveals the operational mechanisms of these entities and the substantial challenges they pose to regulatory authorities. Key findings highlight the strategic advantages …