AN ANALYSIS OF CORPORATE CRIMINAL LIABILITY IN NIGERIA
Authors:
EKUNDAYO Veronica
Publication Type: Journal article
Journal: The Gravital Review 2 Of Business & Property Law
ISSN Number:
0
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Abstract
AN ANALYSIS OF CORPORATE CRIMINAL LIABILITY IN NIGERIA
Veronica Ngozi Ekundayo*, Orisakwe Okechinyere**,
and Olalekan Moyosore Lalude***
ABSTRACT
Corporate criminal responsibility continues to pose some difficulties in legal discourse. This is because the concept challenges the basic assumptions underlying criminal law. In the past, it was inconceivable that corporations could be held liable particularly under criminal law. The argument generally advanced was that a corporation as an artificial person has no physical existence and therefore could not be subjected to most prescribed penalties attached to offenses. The paper argues that the extant position of Nigeria's corporate law needs to be reviewed to capture recent realities. The paper concludes that the Nigerian regulatory framework should employ modern approaches in tackling corporate criminal liabilities in Nigeria.