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How best to fight corruption, by ICAN

By Victor Gbonegun
20 September 2019   |   3:34 am
To rid the nation of endemic corruption, professional accountants have advised the Federal Government to adopt a three-way fighting approach: education, prevention and sanctions.

Institute of Chartered Accountants of Nigeria. Photo/Nairametrics

To rid the nation of endemic corruption, professional accountants have advised the Federal Government to adopt a three-way fighting approach: education, prevention and sanctions.

President of Institute of Chartered Accountants of Nigeria (ICAN), Nnamdi Okwuadigbo, made the recommendation in a communiqué at the end of the institute’s 49th yearly conference during the week.

He lamented that some of the agencies created to fight corruption appear to be overwhelmed by the enormity of the problem and had, in certain instances, adopted strategies that seem to infringe on the rights of citizens.

The ICAN boss, therefore, advanced that the sanctions to be meted out on corrupt citizens must be fair and not selective.