Shareholders Face Criminal Prosecution

This provision makes every director, manager, officer, and shareholder criminally liable when a company violates the Act unless they can prove they exercised due diligence—reversing the normal burden of proof. Shareholders with no operational control face the same criminal penalties as executives, including imprisonment and fines under 86 and 88. Combined with 90's business prohibition powers, individuals face both criminal prosecution and permanent sector exclusion for corporate violations. This creates an unprecedented investment risk that will deter capital formation and business participation in Ghana's ICT sector.