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Smoke and mirrors Dr Jackie Harvey and Dr Peter Sproat examine the issues of corruption and beneficial ownership in Nigeria. Dr Jackie Harvey Newcastle Business School, Northumbria University Dr Peter Sproat Newcastle Business School, Northumbria University
F AIAWORLDWIDE.COM | ISSUE 112
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ew would dispute that corruption is an inhibitor to economic development and can undermine the rule of law and trust in public institutions. Such is the global concern that the international community has produced various international conventions aimed at its containment, including the 1997 OECD Convention on Combating Bribery of Foreign Public Officials and the 2005 United Nations Convention against Corruption. More recently, all members of the United Nations signed up to the UN’s Sustainable Development Goals (SDG), which include a pledge to “substantially reduce corruption” (SDG16.5) and strengthen the “recovery and return of stolen assets” (SDG16.4).
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