Criminal Code of Kosovo - Legislationline

Article 289
Defrauding or damaging creditors or debtors
1. Whoever, with knowledge of excessive indebtedness or current or impending
insolvency, places one creditor or debtor in a more favorable position through the
payment of debts or in any other way and thereby causes five thousand (5,000) EUR or
more in damages or results in a loss of five thousand (5,000) EUR or more to other
creditors shall be punished by imprisonment of up to three (3) years.
2. Whoever, in order to deceive or cause damage to a creditor or debtor, accepts a false
claim, enters into false contracts or commits any other fraudulent act, thereby damaging a
creditor or debtor shall be punished by imprisonment of six (6) months to five (5) years.
3. When the offense provided for in paragraph 1 or 2 of this Article results in damage
exceeding two hundred fifty thousand (250,000) EUR or results in a loss in excess of two
hundred fifty thousand (250,000) EUR or when, as a result, the injured party is forced to
undergo a reorganization or bankruptcy procedure, the perpetrator shall be punished by
imprisonment of one (1) to ten (10) years.
Article 290
Misuse of economic authorizations
1. Whoever while engaging in an economic activity commits one of the following acts
with the intent to obtain an unlawful material benefit for oneself or any other person shall
be punished by a fine and imprisonment of six (6) months to five (5) years:
1.1. creates or holds illicit funds in the Republic of Kosovo or in any other
jurisdiction;
1.2. through the compilation of documents with false content, false balance
sheets, false evaluations, inventories or any other false representations or through
the concealment of evidence falsely represents the flow of assets or the results of
the economic activity and in this way misleads the managing bodies within the
business organization in decision making on management activities;
1.3. fails to meet tax obligations or other fiscal obligations as determined by law;
1.4. uses means at his or her disposal contrary to their foreseen purpose; or
1.5. in any other way violates the law on or the rules of business activity which
relate to the disposal, use or management of property.
2. When the offense provided for in paragraph 1 of this Article results in material benefits
exceeding one hundred thousand (100,000) EUR, the perpetrator shall be punished by
imprisonment of one (1) to eight (8) years.
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