Section 490 of the Criminal Code Act in Nigeria. Fraudulent dealing with property by debtors

Any person who, with intent to defraud his creditors or any of them‐

(1) makes any gift, delivery, or transfer of his property, or any charge on his property; or

(2) conceals or removes any part of his property after or within two months before the date of any unsatisfied judgment or order for payment of money obtained against him,

is guilty of a misdemeanor and is liable to imprisonment for one year.

Section 490 of the Criminal Code Act in Nigeria

Act structure