The Effectiveness of Anti-Corruption Policies in Combating Financial Crimes in Nigeria

Corruption is one of the menaces that is bringing Nigeria behind in the global rating of the least corrupt nations on earth. Fraud is one of the activities that makes Nigeria to be classified as a highly corrupt country. One of the policies formulated that is meant to check corruption in Nigeria is the Economic and Financial Crime Commissions (EFCC). Using EFCC court cases on the financial fraud involving Joshua Dariye and Rev. Jolly Nyame, this researcher studied the effectiveness of the fight against corruption within the periods 2014 through 2015. The research methods implored are literary and analytical specifically using the fraud triangle in checking corruption. The researcher also proposed that understanding the motive behind any form of fraud is vital. The researcher argued for this using the theory of capabilities within the domain of the fraud triangle. The activities of forensic experts are not neglected in this research and this is so because for fraud to be properly detected and prevented, their role would have to be considered. The researcher further recommended that anti-corruption policies should be included in the Nigerian curriculum and this can help to begin to educate Nigerian on the need to fight against corruption at their early stages of life.