Money Laundering and Nigeria
23 Mar 2006
Hull, Robert, Jonathan Evans and Stephen Davis
Money laundering is a significant problem both internationally and in relation to Nigeria. Through an inextricable link to crime, it allows acts such as theft, extortion, illegal arms sales and embezzlement to continue and therefore must be addressed in the battle against such activity. Certainly no exception to this is the Nigerian case, which suffers from particularly severe problems of political corruption, black market arms sales, illegal bunkering of oil and drug trafficking, all of which are intricately linked to conflict and are especially evident in the southern Niger Delta.