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Not long ago, the Nigerian "Economic & Financial Crime Commission" (EFCC) boss was summoned for alleged money laundering.
This is so hilarious!
How can the leader of the team responsible for 'fighting' corrupt financial practices be suspected of fraud?
With a total lack of trust in the system, locally and internationally, you can say that the Nigerian 'fight against corruption' is gone completely until 2023.
Corruption can rapidly spread, become destructive and sometimes even pandemic. Businesses are not spared.
How is your company tackling internal corruption?
Don't fight corruption by chasing after it!
The best way to fight corruption is to make it extremely difficult to practice.
Allocate more resources to frontend preventive measures - design and build governance framework, systems controls, etc.
While it's the government’s duty to transform public institutions, business leaders need to strengthen company's control systems and culture.
Get expert help.
Whether public and private business structure, Gabriel Domale Consulting, a management consulting firm, under the leadership of Dr Leesi Gborogbosi has the expertise to help you set up the right control and compliance systems.
Call us on: â–¼
+2347034604152
Visit us: â–¼
https://www.www.gabrieldomale.com
Dr Leesi Gborogbosi worked previously with Shell Nigeria (a Royal Dutch Shell Company, a leader in the oil and gas industry) as Head, Business Controls and Compliance Monitoring. He led the transformation and development of the controls, processes, systems, training and reporting to prevent corruption in the organisation, ensure business continuity and protection of assets.
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About us: Gabriel Domale Consulting, a leading management consulting firm, helps companies in Africa to grow, provides insights to leaders and transforms institutions. Our consultants utilize their decades of hands-on experience to provide advisory in finance, strategy, corporate governance, transformation and leadership training to help companies and public institutions to transform their operations. We encourage leaders seeking insights to visit our BLOG here and also Request For Proposal (RFP) for our consulting services here
Published origninally on 16th Jul 2020 02:05:35
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