Forensic Investigation as a Tool for Financial Crime Detection and Corruption Control: A Study of Nigeria
Keywords:
Financial Crime, Forensic Investigation, Fraud Detection, Corruption ControlAbstract
This research evaluates the importance of forensic investigation as an instrument for identifying, preventing and curbing corruption and financial offences in Nigeria. Primary survey data were gathered using structured questionnaires. Five hundred questionnaires were distributed to senior personnel of the Nigerian Police Force, selected academic staff from tertiary institutions, partners in professional accounting firms, bank managers, senior officers of principal anti‑graft agencies, and members of the Nigerian Judiciary including Senior Advocates. The collected data were analysed using analysis of variance (ANOVA). Findings indicate that forensic investigation positively influences the prevention, detection and control of corruption and financial crimes in Nigeria. The study advises that existing anti‑graft statutes and regulations in Nigeria be reinforced to empower forensic inquiry, reduce or eradicate financial crimes and foster a corruption‑free economy through an uncompromising campaign against financial crimes supported by the government’s firm commitment to prosecute offenders.
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