Section 31: Offences by a Body Corporate.

1 Where an offence under this Act committed by a body corporate is proved to have been committed on the instigation or with the connivance of, or is attributable to any neglect on the part of, a Director, Manager, Secretary of the Body Corporate or any person purported to act in any such capacity, the officer shall be liable on conviction to the same punishment provided under this Act for individuals committing the offence.
2 Where a body corporate is convicted of an offence under this Act, it shall be liable to a fine of N10,000,000.00 and the Court may issue an order to wind-up the body corporate and its Assets and Properties transferred to the Victims of Trafficking Trust Fund.
3 Nothing contained in subsections (1) and (2) of this Section shall render any person liable to any punishment if he proves that the offence was committed without his knowledge or that he exercised all due diligence to prevent the commission of such offence.