Nigeria's Money Laundering (Prohibition) Act 2004: a tighter noose
Abstract
Purpose
To show that the new Money Laundering Act 2004 is tougher on criminals than previous legislation in Nigeria.
Design/methodology/approach
Examines the Act in detail.
Findings
Despite its new toughness, the Act still needs further enhancements in order to achieve 100 per cent success in view of Nigeria's present social dynamics.
Originality/value
Probably the first comprehensive examination of the 2004 Act.
Keywords
Citation
Chukwuemerie, A.I. (2006), "Nigeria's Money Laundering (Prohibition) Act 2004: a tighter noose", Journal of Money Laundering Control, Vol. 9 No. 2, pp. 173-190. https://doi.org/10.1108/13685200610660989
Publisher
:Emerald Group Publishing Limited
Copyright © 2006, Emerald Group Publishing Limited