EFCC Details How It Arrested Four Bank Hackers in Abuja

• The EFCC has announced the arrest of four bank hackers in Abuja during a sting operation at the Nigerian capital
• Dele Oyewale, the spokesperson of the agency, said the arrested suspects have been involved in conspiracy and unauthorised access to bank computer systems
• Oyewale further added that the gang, led by Chima Anthony Nwigwe, fraudulently withdrawn depositors' funds from the bank

The Economic and Financial Crimes Commission (EFCC) has made a significant breakthrough in combating cybercrime by arresting four suspected bank hackers in Abuja.

Chima Anthony Nwigwe, Effiong Victor Emmanuel, Mohammed Bello Mahmud, and Daminan Ali were accused of conspiracy, unauthorised access to banks' computer systems, and fraudulent withdrawal of depositors' funds.

Chima Anthony Nwigwe is believed to be the leader of the hacking syndicate. The group's alleged involvement in hacking and compromising commercial bank databases led to fraudulent transfers and withdrawals through various digital platforms.

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After Nigerian bank lost N10 billion, EFCC arrests four hackers, releases their names

The EFCC's operation was prompted by actionable intelligence on the suspects' activities.

How EFCC apprehended bank hackers

EFCC's spokesperson, Dele Oyewale, said the suspects were apprehended in an Abuja sting operation. He said the move demonstrates the commission's commitment to tackling financial crimes and protecting the public's interests.

He also said the EFCC's efforts to combat cybercrime are crucial in maintaining the integrity of Nigeria's financial systems.

According to the anti-graft agency, the suspects will face court charges once the investigations are concluded.

The agency also said the development serves as a warning to potential cybercriminals that their actions will not go unpunished.

The alleged crimes of the arrested suspects have serious implications for the financial sector. Unauthorized access to banks' computer systems can lead to significant financial losses and erosion of trust in the banking system. The EFCC's actions aim to prevent such occurrences and ensure those involved are held accountable.

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UPDATED: Lagos govt speaks out amid reports EFCC plans to arrest Sanwo Olu

See the EFCC's statement here:

Sanwo-Olu denies being probed by EFCC

Legit.ng earlier reported that Babajide Sanwo-Olu, the governor of Lagos, denied report that his government filed a lawsuit against the EFCC over planned prosecution after leaving office.

The viral report had claimed the governor filed a lawsuit against EFCC harassment before Justice Joyce Abdulmalik of the Federal High Court in Abuja.

But reacting, Lawal Pedro, the Lagos state attorney general and commissioner for justice, clarified in a statement that the EFCC was not investigating the governor.

Proofreading by James, Ojo Adakole, journalist and copy editor at Legit.ng.

Source: Legit.ng