Perhaps, to fully understand the white collar crimes that have plagued the country’s Capital Market for decades, a deeper investigation may be needed. These criminals use the poor regulatory environment, lax enforcement and political influence to their advantage to commit financial crimes with impunity. At the heart of the financial crimes is the near-inability to punish the offenders. However, investigating financial misconduct in the Capital Market by Presidential Commissions isn’t going to deter white collar criminals. It will deter white collar criminals from committing financial crimes.
Source: Sunday Times February 20, 2018 09:45 UTC