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Kleptocracy in Nigeria

Vasudev Das (Department of Management & Technology, Walden University, Minneapolis, Minnesota, USA)

Journal of Financial Crime

ISSN: 1359-0790

Article publication date: 2 January 2018

367

Abstract

Purpose

The purpose of this study is to sonographically explore kleptocracy in Nigeria’s nascent democracy and evaluate how democracy can mitigate kleptocratic behavior amongst Nigerian political elite for a positive social change using sonic therapeutic intervention lens.

Design/methodology/approach

The author inductively generated data through document analysis in this qualitative study.

Findings

The results of the study showed that kleptocracy has been an age-long politico-financial crime in Nigeria. The author proffered sonic therapeutic intervention to simultaneously enhance democratic values and mitigate kleptocracy among the Nigerian leaders.

Research limitations/implications

The limitations of the study stemmed from the fact that it cannot be generalized.

Practical implications

The practical implications of the study stemmed from the fact that any leader can take advantage of the research findings and apply the recommendations to themselves for personal transformation without incurring any costs.

Social implications

The social implication of the study is rooted in the fact that if the Nigerian leadership implement the recommendation(s) of the study, there will be a positive social change in the country inasmuch as financial crime will be mitigated.

Originality/value

The originality of the study stemmed from the fact that this inquiry filled the gap in financial crime literature and there was no such study ever conducted in the discipline.

Keywords

Citation

Das, V. (2018), "Kleptocracy in Nigeria", Journal of Financial Crime, Vol. 25 No. 1, pp. 57-69. https://doi.org/10.1108/JFC-08-2016-0053

Publisher

:

Emerald Publishing Limited

Copyright © 2018, Emerald Publishing Limited

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