Article 356

A debtor who intentionally frustrates, in whole or in part, the satisfaction of one's debt by damaging, destroying, transferring without value or for substantially reduced value, concealing or appropriating without equivalent and marketable collateral, any of one's property, or who creates false debits or contracts

is guilty of defrauding creditors, a Class 1 petty offence, punishable with a definite term of imprisonment of not less than 6 months and not more than 12 months, or a fine of 20,001 – 50,000 Nakfas, to be set in intervals of 2,500 Nakfas.