Transnational Organised Crime and Illicit Financial Flows: Nigeria, West Africa and the Global North
Year: 2016
Type: dissertation
Abstract: This study addresses transnational organised crime and illicit financial flows in \nNigeria, West Africa and the Global North (i.e. Europe). Based on extensive \ndocumentary analysis and expert interviews conducted in the four countries (i.e. \nNigeria, Ghana, Senegal and the Gambia). It reveals the contemporary changes \nof organised crime in a global context. Having outlined the dynamics of global \ntransnational organised crime, the study examines three specific organised crime \ngroups in Nigeria. These are; human trafficking; drug trafficking and advance fee \nfraud (AFF) cybercrime related. Having considered the phenomenon of organised \ncrime and its contemporary problems in Nigeria, the study turns to an evaluation \nof the regime against money laundering from a global perspective. It assesses \nsome relevant global initiatives and instruments which combat the proceeds of \norganised crime in West Africa and Nigeria. \nThe study introduces the conceptual frameworks using the rational choice theory \nto ‘frame’ organised crime offenders from Nigeria and the author uses Value, \nAccessability and Transaction (VAT) Model to explain the routine activities of the \nrational criminal actors from Nigeria before considering the anti-money laundering \nframework (i.e. the Financial Action Task Force 40 Recommendations) as the \ninstruments to decrease the risk of organised crime financial transactions within \nthe global jurisdictions. \nThe exploration of cybernetics in this study offers a scientific model called AntiMoney \nLaundering Transaction Validation Model with aim of providing a solution \nwhich strengthens the effectiveness of the anti-money laundering (AML, \nhereinafter) regimes in Nigeria, developing economies and globally. \nFinally, the thesis concludes that those international initiatives, recommendations \nand the instruments of soft-laws from developed countries to combat the illicit \nfinancial flows of organised crime in developing economies cannot be effective \nwithout providing solutions to the impediments affecting the curbing of illicit \nfinancial flows from organised crime in developing countries, such as Nigeria.
Author: Emmanuel Oluwasina Sotande
Language: English
Subfield: Sociology and Political Science
Field: Social Sciences
Domain: Social Sciences
Open Access status: green
Funder: University of Leeds
OpenAlex ID: W2581535586