Section 8: Power to control property under investigation

(1) Where at any state of a trial a Federal High Court is satisfied that a prima facie case has been made out against a person, the Judge of a Federal High Court may by order under his hand and for such time as he may direct or require, prohibit any disposition of property movable or immovable by or on behalf of that person, and whether or not the property is owned or held by that person or by any other person on his behalf, except to such extent and in such manner as may be specified in the order.
(2) An order under subsection (1) of this section shall have effect as therein specified, but any such order may at any time thereafter be varied or annulled by the Federal High Court.
(3) Failure to comply with the requirement of an order under this section shall be an offence punishable on conviction-
(a) in the case of an individual, by imprisonment for a term of not less than two years or more than five years without the option of a fine;
(b) in the case of any group of persons not being a body corporate, by the like punishment of each of such persons as is prescribed in paragraph (a) of this subsection;
(c) in the case of a body corporate, by a fine of an amount equal to two times the estimated value of the property affected by the non-compliance or N100,000, whichever is higher.