EST. 2026

The Archive

Law · REF. TA-21489

Money Laundering in Nigeria: A Comparative Study of Judicial Interpretation in Selected Jurisdictions

Abstract

This study investigates the subject matter outlined in the title above through a structured research design appropriate to its academic level. Using primary and/or secondary data collection methods, the research examines the underlying variables, tests relevant hypotheses, and presents findings with implications for practice and policy. This is placeholder abstract text generated for catalogue preview purposes; the full document contains a complete, topic-specific abstract, literature review, methodology, data analysis, and conclusion.

Chapter One — 1.1 Background to the Study

Money Laundering has emerged as a pressing legal and social concern in Nigeria, prompting sustained debate among lawmakers, the judiciary, and civil society over how existing law should respond.

While the legal framework addressing money laundering has evolved considerably, judicial interpretation remains an area where scholarly and judicial opinion is divided, warranting closer legal analysis.

1.2 Statement of the Problem

Notwithstanding the provisions of the Money Laundering (Prevention and Prohibition) Act, money laundering persists in Nigeria, raising concerns about judicial interpretation and whether the current legal regime is adequate to the task. This study interrogates that gap between legislative intent and practical outcome.

1.3 Objectives of the Study

  1. To examine the legal framework governing money laundering in Nigeria, particularly under the Money Laundering (Prevention and Prohibition) Act.
  2. To assess judicial interpretation as it relates to money laundering.
  3. To identify the gaps between the law's provisions and its practical enforcement.
  4. To recommend legal and institutional reforms to strengthen the response to money laundering.

1.4 Research Questions

  1. What does the Money Laundering (Prevention and Prohibition) Act provide in respect of money laundering?
  2. What challenges arise in respect of judicial interpretation in relation to money laundering?
  3. What gaps exist between the law's provisions and its practical enforcement?
  4. What reforms could strengthen Nigeria's legal response to money laundering?

1.5 Significance of the Study

This study is significant to legal practitioners, policymakers, and law enforcement agencies grappling with money laundering, offering a focused analysis of the Money Laundering (Prevention and Prohibition) Act and its practical adequacy. It also contributes to the growing body of scholarship in law on Nigeria's response to this issue.

1.6 Scope of the Study

The study is limited to a doctrinal and case-law analysis of money laundering with particular focus on judicial interpretation, reflecting a clearly defined scope; it does not extend to a full empirical survey of enforcement outcomes nationwide.

Chapters Two through Five, references and appendices are available for a one-time fee of ₦75,000.

Unlock Full Document