30.
31.
32.
equivalent
of
the
monetary
value
of
the
loss
sustained
by
the
consumer.
(2)
(a)
Where
an
offence
under
this
Act
which
has
been
committed
by
a
body
corporate
is
proved
to
have
been
committed
on
the
instigation
or
with
the
connivance
of
or
attributable
to
any
neglect
on
the
part
of
a
director,
manager,
secretary
or
other
similar
officer
of
the
body
corporate,
or
any
officer
purporting
to
act
in
any
such
capacity,
he,
as
well
as
the
body
corporate,
where
practicable,
shall
be
deemed
to
be
guilty
of
that
offence
and
shall
be
liable
to
be
proceeded
against
and
punished
accordingly.
(b)
Where
a
body
corporate
is
convicted
of
an
offence
under
this
Act,
the
Court
may
order
that
the
body
corporate
shall
thereupon
and
without
any
further
assurances,
but
for
such
order,
be
wound
up
and
all
its
assets
and
properties
forfeited
to
the
Federal
Government.
(c)
If
the
offender
is
a
natural
person,
he
commits
an
offence
and
shall
be
liable
on
conviction
to
imprisonment
for
a
term
of
not
more
than
7
Years
and
to
a
fine
of
not
more
than
N5,000,000.00
or
to
both
such
imprisonment
and
fine.
(3)
Nothing
contained
in
this
section
shall
render
any
person
liable
to
any
punishment,
where
he
proves
that
the
offence
was
committed
without
his
knowledge
or
that
he
exercised
all
due
diligence
to
prevent
the
commission
of
the
offence.
(1)
Any
person
who
manipulates
an
ATM
machine
or
Point
of
Sales
terminals
with
the
intention
to
defraud
shall
be
guilty
of
an
offence
and
upon
conviction
sentenced
to
Five
Years
imprisonment
or
N5,
000,000.00
fine
or
both.
(2)
Any
employee
of
a
financial
institution
found
to
have
connived
with
another
person
or
group
of
persons
to
perpetrate
fraud
using
an
ATM
of
Point
of
sales
device,
shall
be
guilty
of
an
offence
and
upon
conviction
sentenced
to
Seven
Years
imprisonment
without
an
option
of
fine.
(1)
Without
prejudice
to
any
contractual
agreement
between
the
employer
and
the
employee
all
employees
in
both
the
public
and
private
sectors
must
relinquish
or
surrender
all
codes
and
access
rights
to
their
employers
immediately
upon
disengagement
from
their
employment,
and
if
such
code
or
access
right
constitutes
a
threat
or
risk
to
the
employer,
it
shall,
unless
there
is
any
lawful
reason
to
the
contrary,
be
presumed
that
the
refusal
to
relinquish
or
surrender
such
code
or
access
right
is
intended
to
be
used
to
hold
such
employer
to
ransom.
(2)
Any
employee
who,
without
any
lawful
reason,
continues
to
hold
unto
the
code
or
access
right
of
his
employer
after
disengagement
without
any
lawful
reason
shall
be
guilty
of
an
offence
and
liable
on
conviction
to
3
years
imprisonment
or
3,000,000.00
or
both.
(1)
Any
person
who
knowingly
or
intentionally
engages
in
computer
phishing
shall
be
Manipulation
of
ATM/POS
Terminals.
Employees
Responsibility.
Phishing,
Spamming,