Article 718 — Harmful False Information.

Whoever, being in a position to know the state of affairs of an undertaking, a commercial firm or a cooperative, whether as founder, member, manager, director, attorney, member of a board of directors or audit, or a liquidator, intentionally gives or causes to be given essential and untrue information, whether in notices to the public, or in proposals or reports to a general meeting, is punishable, upon complaint, with a fine of not less than one thousand Birr, or simple imprisonment for not less than three months.