PUBLIC ENTERPRISES REGULATORY COMMISSION ACT

Section 50: Directors prohibited from receiving bribes, gifts, etc.

1996Section 50 of 79Federal Republic of Nigeria

A director of a public enterprise shall not accept -(a) a bribe, gift, commission or any other benefit in cash or kind; or
(b) a share in the bribe, gift, commission or any other benefit in cash or kind, from any person or a share in the profit of that person in respect of any transaction involving the public enterprise.

Cite this section

Section 50, PUBLIC ENTERPRISES REGULATORY COMMISSION ACT (1996).

https://repo.podus.ai/laws/public-enterprises-regulatory-commission-act/section/50/