What is Nigerian Barges?
1.
Fake accounting, imaginary financial transactions.
Inspired by the huge Enron financial scandal, in which six former Enron
executives were charged with conspiracy for alleged involvement in a
December 1999 deal in which a loan from Merrill Lynch was disguised as
a sale of Nigerian barges so Enron could appear to have met earnings
targets.
Why do I get the feeling our accountant is playing with Nigerian barges here?
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