Reporting News and opinions
In a standard DPA regime, a company that self-reports and cooperates can avoid the "corporate death penalty" of a criminal conviction. In Nigeria, we are currently forced to rely on the Administration of Criminal Justice Act (ACJA) 2015. While the ACJA provides for Plea Bargaining, it is a fundamentally different animal from a DPA:
Whether the subject is healthcare, trade, infrastructure, peace in the Middle East or now Iran, there is a familiar rhythm. An announcement. A flourish. A declaration that success is “very close.” Then another announcement. Then another. Like a magician whose favourite trick is promising that the rabbit will appear in just one more hat.
In 2020, Nigerian lawmakers reviewed a $400 million loan deal with the Export-Import Bank of China aimed at a public security communication system, uncovering essential lessons in international finance and accounting.
Centre for Nigeria Progress 