How Four Bank Hackers Landed in EFCC's Net in Detail

How Four Bank Hackers Landed in EFCC's Net in Detail

  • 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  • Oyewale further added that the gang led by Chima Anthony Nwigwe has fraudulently withdrawn depositors' funds from the bank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 are accused of conspiracy, unauthorized access to banks' computer systems, and fraudulent withdrawal of depositors' funds.

The EFCC has announced the arrest of four bank hackers in Abuja who allegedly withdrew depositors' money
EFCC says it has arrested four bank hackers in Abuja Photo Credit: @officialEFCC
Source: Twitter

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

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How EFCC apprehended bank hackers

EFCC spokesperson Dele Oyewale said the suspects were apprehended in an Abuja sting operation. This move demonstrates the commission's commitment to tackling financial crimes and protecting the public's interests. 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. This development serves as a warning to potential cybercriminals that their actions will not go unpunished. The EFCC's proactive stance on financial crimes is reassuring for depositors and investors.

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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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, has denied the report that his government filed a lawsuit against the EFCC against a planned prosecution after leaving office.

Lawal Pedro, the Lagos State Attorney General and Commissioner for Justice, clarified in a statement that the EFCC is not investigating the governor.

An earlier report said Governor Sanwo-Olu had filed a lawsuit against EFCC harassment before Justice Joyce Abdulmalik of the Federal High Court in Abuja.

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Source: Legit.ng

Authors:
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Bada Yusuf (Politics and Current Affairs Editor) Yusuf Amoo Bada is an accomplished writer with 7 years of experience in journalism and writing, he is also politics and current affairs editor with Legit.ng. He holds B.A in Literature from OAU, and Diploma in Mass Comm. He has obtained certificates in Advance Digital Reporting, News Lab workshop, Journalism AI Discovery. He previously worked as Editor with OperaNews. Contact: bada.yusuf.amoo@corp.legit.ng