An Insight Into The Nigerian Government's Approach To Curbing Shell Companies -By Oyetola Muyiwa Atoyebi & Chikezie Iwu – Opinion Nigeria

The government through its interventions by requiring companies to disclose their significant owners, alongside other regulations helps reveal the true beneficiaries behind corporate entities, making it difficult for individuals or entities to hide their involvement in potentially corrupt activities. They further discourage the creation of shell companies used for money laundering or concealing corrupt practices, since the ultimate beneficial owners must be disclosed.

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