Section 16 EFCC Act 2004

Section 16 of the EFCC Act 2004 is about Offences relating to false information.

(1) Any person who, in the discharge of his duty under this Act, gives information which is false in any material particular, commits an offence under this Act and the onus shall lie on him to prove that such information was supplied to him by another person and that he exercised all diligence to prevent the commission of the offence having regard to the nature of his functions in that capacity and in all the circumstances.

(2) The penalty for offences under subsection (1) of this section shall be imprisonment for a term not less than 2years and not exceeding 3years provided that where the offender is a public officer the penalty shall be imprisonment for a term not less than 3 years and not more than 5 years

(3) Without prejudice to the provisions of any other enactment, any regulatory agency or body in the financial sector shall in the exercise of its functions, liaise with the Commission to investigate and monitor the commission of economic and financial crimes.