Section 159: Offences under this Part

(1) Subject to the provisions of this Act, a person shall not -
(a) without reasonable excuse, refuse or fail to comply with a notice issued under sections 157 and 158 of this Act;
(b) in purported compliance with such a notice, furnish information, or produce a document, or give evidence, knowing it to be false or misleading; or
(c) resist, obstruct, or delay an employee of the Commission acting pursuant to a warrant issued under section 30 (3) of this Act.
(2) A person shall not attempt to deceive or knowingly mislead the Commission in relation to any matter before it.
(3) A person, having been required to appear before the Commission pursuant to the provision of section 29 (2) of this Act shall not without reasonable excuse refuse -
(a) or fail to appear before the Commission to give evidence;
(b) to take an oath or make an affirmation as a witness; or
(c) to produce to the Commission any book or document that is required to be produced by the Commission.
(4) Subject to the provision of subsection (3), a person who violates any of the provisions of this section commits an offence and is liable on summary conviction
(a) in the case of a natural person, to a fine not exceeding N1,000,000.00 or to a term of imprisonment not exceeding three months, or to both the fine and imprisonment; and
(b) in the case of a body corporate, to a fine not exceeding N10,000,000.00.