CRIMINAL CODE ACT

Section 398: Fraudulent disposition of mortgaged goods

2004Section 398 of 575Federal Republic of Nigeria

Any person who, being the mortgagor of mortgaged goods, removes or disposes of the
goods without the consent of the mortgagee and with intent to defraud, is guilty of a
felony and is liable to imprisonment for three years.
The offender cannot be arrested without warrant.

Cite this section

Section 398, CRIMINAL CODE ACT (2004).

https://repo.podus.ai/laws/criminal-code-act/section/398/