Banking Act · s 107

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s 107Offences by bodies corporate

Where an offence under this Act committed by a bank or other company is proved to have been committed with the consent or connivance of, or to be attributable to any neglect on the part of —

(a)

any director, manager, secretary of other similar officer of that body, or any person who was purporting to act in that capacity; or

(b)

any other person who holds a controlling interest in that body, he, as well as the company, is guilty of that offence and liable to be proceeded against and punished accordingly.