This is a crosspost from OpenOwnership, in response to Jackie Harvey’s research on beneficial ownership policy and legislation in Nigeria. Beneficial ownership transparency and the fight against grand corruption…
Can Knowledge of Beneficial Ownership Assist in the Prevention of Laundering the Proceeds of Corruption?
Identification and disclosure of beneficial ownership (BO) has been viewed as the ‘silver bullet’ for the international community in its Anti-Money Laundering and Anti-Corruption (AML/ACL) efforts. The intergovernmental body, Financial…
GI ACE researcher Jackie Harvey discusses commitments that appeared to address two recent criticisms made of Nigeria’s anti-corruption regime – overlapping mandates and lack of inter-agency cooperation – that had been identified by various authors in recent years
GI ACE researcher Jackie Harvey discusses the issue of increasing the transparency of beneficial ownership, with Nigeria as a prime example.
GI-ACE project on beneficial ownership and corruption in Nigeria investigating financial data to try to locate something that is not apparently observable—laundering the proceeds of corruption through disguising the beneficial owner—by removing from the picture what might be explained legitimately.
Researcher Jackie Harvey discusses GI-ACE project nvestigating how the current international anti-corruption frameworks function within Nigeria and how they can be better targeted to reduce opportunities for the proceeds of corruption to be moved across the globe while the beneficial owner remains hidden.