Section 24: Prohibition of the receipts of commissions, etc., by director, secretary or officer of the bank

(1) Any director, secretary, officer or employee of a bank or any other person receiving remuneration from such bank, who asks for or receives, consents or agrees to any gift, commission or employment, service, gratuity, money, property or thing of value for his own personal benefit or advantage or for that of any of his relations from any person other than from his bank-
(a) for procuring or endeavouring to procure for any person any advance, loan or credit facility from the bank; or
(b)
for permitting any person to overdraw any account with that bank without proper authority or compliance with rules and guidelines for this purpose,
commits an offence under this section and is liable on conviction to a fine of N2,000 or to imprisonment for a term of 6 months or to both such fine and imprisonment and in addition any such gift shall be forfeited to the Government of the Federation.
(2) The provisions of subsection (1) of this section shall not in any manner derogate from and shall be without prejudice to any other enactment relating to corruption or illegal gratification.