Monday , April 22 2019
Breaking News
Home / Business / Hackers on the Prowl, Sweep N460M from Nigerian Bank

Hackers on the Prowl, Sweep N460M from Nigerian Bank

Suspected hackers have reportedly breached the system of a new generation bank in Nigeria (name withheld) stealing N460 million.

The hackers had successfully jerked up the balance in a customer’s account from N781,000 to N466 million before the alarm blew.

The Economic and Financial Crimes Commission (EFCC) today arraigned five suspects in a Kaduna High Court over the crime.

The suspects were identified as Bashir Abdullahi Mohammed, Ucue Ogenyi, Adefila Taofile Kayode, Rabiu Aliko Lawal and Mmadu Mathew.

They were arraigned before Justice Mohammed Tukur on a two-count charge of conspiracy and stealing.

They were reportedly arrested following a petition to EFCC by the bank’s management.

The suspects pleaded not guilty to the charges and were remanded in EFCC custody pending the determination of their bail application

Comments

comments

Check Also

IMF Urges Nigeria To Remove Fuel Subsidy

The International Monetary Fund (IMF) has urged Nigeria to remove fossil fuel subsidy and deploy …

UBA Asks Court to Wind Up Sahara Energy Ltd Over N15bn Loan

The United Bank for Africa Plc, (UBA) has filed a winding up petition before a …

Social Media Auto Publish Powered By : XYZScripts.com