Kleptocracy in Nigeria

Vasudev Das

Journal of Financial Crime, 2018, vol. 25, issue 1, 57-69

Abstract: Purpose - The purpose of this study is to sonographically explore kleptocracy in Nigeria’s nascent democracy and evaluate how democracy can mitigate kleptocratic behavior amongst Nigerian political elite for a positive social change using sonic therapeutic intervention lens. Design/methodology/approach - The author inductively generated data through document analysis in this qualitative study. Findings - The results of the study showed that kleptocracy has been an age-long politico-financial crime in Nigeria. The author proffered sonic therapeutic intervention to simultaneously enhance democratic values and mitigate kleptocracy among the Nigerian leaders. Research limitations/implications - The limitations of the study stemmed from the fact that it cannot be generalized. Practical implications - The practical implications of the study stemmed from the fact that any leader can take advantage of the research findings and apply the recommendations to themselves for personal transformation without incurring any costs. Social implications - The social implication of the study is rooted in the fact that if the Nigerian leadership implement the recommendation(s) of the study, there will be a positive social change in the country inasmuch as financial crime will be mitigated. Originality/value - The originality of the study stemmed from the fact that this inquiry filled the gap in financial crime literature and there was no such study ever conducted in the discipline.

Keywords: Nigeria; Democracy; Kleptocracy; Sonic therapeutic intervention (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:eme:jfcpps:jfc-08-2016-0053

DOI: 10.1108/JFC-08-2016-0053

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