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Purpose

To show that the new Money Laundering Act 2004 is tougher on criminals than previous legislation in Nigeria.

Design/methodology/approach

Examines the Act in detail.

Findings

Despite its new toughness, the Act still needs further enhancements in order to achieve 100 per cent success in view of Nigeria's present social dynamics.

Originality/value

Probably the first comprehensive examination of the 2004 Act.

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