Nigeria: Transparency International - Country's Banking Sector Corrupt

25 September 2009

Lagos — Nigeria's banking sector has been criticised for "corruption", which was described as partially responsible for the collapse of many banks in the 1990s and losses to depositors and stakeholders.

This was contained in a country report on Nigeria, which formed part of a new Global Corruption Report (GCR) 2009 released yesterday by Transparency International (TI), the global civil society organisation leading the fight against corruption.

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