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CSS 209: Corruption and Financial Crimes Lecture Notes
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CSS 209: Corruption and Financial Crimes Lecture Notes

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Questions and Answers

According to Chinua Achebe, what is his opinion on the state of corruption in Nigeria?

  • Corruption has become alarming and fatal for Nigeria (correct)
  • Corruption is a recent issue in Nigeria
  • Corruption is slightly indisposed in Nigeria
  • Corruption has not reached alarming levels in Nigeria

    • According to the lecture notes, what is the current state of corruption in Nigeria?

  • It is prevalent only among the uneducated population
  • It is non-existent among the clergy
  • It has become problematic and pervasive across all sectors of society (correct)
  • It is limited to certain sections of society

    • In the context of the lecture notes, who is involved in corrupt practices in Nigeria?

  • Only the educated and the rich
  • Mainly the government administrators
  • Primarily the clergy and the lay men
  • Both the rich and the poor, the educated and the uneducated (correct)

    • As per the lecture notes, who is quoted as saying 'corruption is a household thing; there is virtually no Nigerian who is not corrupt'?

    <p>Chief Adolphus Nwagbara</p> Signup and view all the answers

    Based on the lecture notes, where is corruption found in Nigeria?

    <p>Across government administrators, heads of states, senators and even common citizens</p> Signup and view all the answers

    According to the International Monetary Fund (IMF 2000), corruption is defined as:

    <p>The abuse of authority or trust for private benefit</p> Signup and view all the answers

    What is commonly regarded as bribery, according to the text?

    <p>Payment in money or in kind in a corrupt relationship</p> Signup and view all the answers

    According to Justice Emmanuel Olayinka Ayoola, which form of corruption has overtaken bribery in prevalence in recent years?

    <p>Extortion and theft from public funds</p> Signup and view all the answers

    What is Graft characterized by, according to the text?

    <p>The violation of the norms of duty and welfare</p> Signup and view all the answers

    What is the worrisome dimension that the issue of corruption is currently taking in Nigeria?

    <p>Aggravation of development pace in Nigeria</p> Signup and view all the answers

    According to Chinua Achebe, what is his opinion on the state of corruption in Nigeria?

    <p>It has entered the fatal stage</p> Signup and view all the answers

    Who is quoted as saying 'corruption is a household thing; there is virtually no Nigerian who is not corrupt'?

    <p>Chief Adolphus Nwagbara</p> Signup and view all the answers

    What did the former Senate President, Chief Adolphus Nwagbara, say about corruption in Nigeria?

    <p>It has not yet become alarming</p> Signup and view all the answers

    Where is corruption found in Nigeria based on the lecture notes?

    <p>Amongst all citizens including government officials and clergy</p> Signup and view all the answers

    According to the lecture notes, what has become problematic to the extent that everyone is involved in one form or another?

    <p>Corruption</p> Signup and view all the answers

    What is the main reason why the line between bribery and corruption is not clear?

    <p>The forms of corruption vary, including bribery.</p> Signup and view all the answers

    How is corruption defined according to the International Monetary Fund (IMF 2000)?

    <p>Abuse of authority or trust for private benefit.</p> Signup and view all the answers

    According to Justice Emmanuel Olayinka Ayoola, which form of corruption has overtaken bribery in prevalence in recent years?

    <p>Embezzlement and theft from public funds</p> Signup and view all the answers

    What are the indicators of corruption according to the World Bank, covering more than 200 countries on six dimensions?

    <p>Lack of regulatory quality</p> Signup and view all the answers

    What does Graft include according to the text?

    <p>Bribery, extortion, and nepotism</p> Signup and view all the answers

    What do the commonly cited definitions of corruption emphasize?

    <p>Awarding improper privileges contrary to legal and moral norms</p> Signup and view all the answers

    What is the IMF 2000's definition of corruption not limited to?

    <p>Public officials</p> Signup and view all the answers

    What did Justice Emmanuel Olayinka Ayoola note as the commonest form of corruption in Nigeria in the past?

    <p>&quot;Favouritism and nepotism&quot;</p> Signup and view all the answers

    Which dimension is NOT an indicator of corruption according to the World Bank?

    <p>&quot;Presence of major violence and terror&quot;</p> Signup and view all the answers

    "Defining corruption is notoriously difficult," what does this imply about defining corruption?

    <p>&quot;There are conflicting definitions of corruption.&quot;</p> Signup and view all the answers

    Study Notes

    Corruption in Nigeria

    • Corruption is a household thing in Nigeria, with virtually no Nigerian being exempt from corrupt practices.
    • According to Chinua Achebe, corruption is a major issue in Nigeria.

    Definition of Corruption

    • Corruption is defined by the International Monetary Fund (IMF 2000) as the abuse of public office for private gain.
    • Corruption is not limited to bribery, but also includes other forms of corrupt practices.

    Forms of Corruption

    • Graft is characterized by the unauthorized use of authority for personal gain.
    • According to Justice Emmanuel Olayinka Ayoola, embezzlement has overtaken bribery in prevalence in recent years.

    Prevalence of Corruption in Nigeria

    • Corruption is found in all aspects of Nigerian life, involving people from all walks of life.
    • Corruption has become a problematic issue in Nigeria, with everyone being involved in one form or another.

    Indicators of Corruption

    • The World Bank identifies six dimensions of corruption, including:
      • Capture of the state by elites
      • Judicial independence
      • Corruption in government contracting
      • Corporate governance
      • Rule of law
      • Anti-corruption policies and practices

    Challenges of Defining Corruption

    • Defining corruption is notoriously difficult, implying that it is a complex and ambiguous concept.

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    Description

    Learn about the issue of corruption and financial crimes in Nigeria with Dr. Egbo in the first semester of 2023/2024. Explore the dimensions of corruption, its impact on society, and the involvement of different segments of the population in corrupt practices.

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