Anti-corruption and elections / EFCC

Corruption, Biggest Threat to Businesses- Magu

Acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu has described corruption as the biggest threat to businesses and the Nigerian economy. Magu who was represented by Port Harcourt Zonal Head of the Commission, Abdulrasheed Bawa at this year’s African Anti-corruption Day, noted that fraudulent practices compromise global best practices in business and that when such conducts persist, well- meaning and honest businesses are affected. “When the business environment is compromised by fraudulent elements in our midst, even people plying their trades in honest ways would b…