Companies Act (Cap. 386), article 422

422. A person who, in responding to a requirement imposed under article 418 to provide an explanation or make a statement , knowingly or recklessly provides or makes an explanation or statement which is false in a material particular shall be guil ty of an offence and liable on conviction to a fine ( multa ) of not more than forty-six thousand and five hundred and eighty-seven euro (€46, 587), or to imprisonment for a term not exceeding three years, or to both such fine and imprisonment. Privileged information.