“In Nigeria there are certain constitutional positions and administrative practices that wittingly or unwittingly enables corruption.” – Jekwu Ozoemene.
In Nigeria there are certain constitutional positions and administrative practices that wittingly or unwittingly enables corruption. Thus to effectively minimize corruption (minimize because no society has completely eradicated corruption) we need to identify those laws and practices, repeal, restructure or ring-fence them to deter stealing.
To minimize corruption one needs to know the three catalyst that are present in every fraud situation and remove one of the elements to break the fraud triangle of;
• Motive (or pressure) – the need for committing fraud (need for money, etc.);
• Rationalization – the mindset of the fraudster that justifies them to commit fraud; and
• Opportunity – the situation that enables fraud to occur (often when applicable laws and internal controls are weak or nonexistent).
Motive we cannot control, neither can we control how one rationalizes a fraud. Consequently the most actionable route to fight corruption is to remove “Opportunity”.
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