The Economic and Financial Crimes
Commission, EFCC, on Monday,
April 20, 2015 arraigned one Stephen
Omaidu before Justice M. A Nasir of
Federal Capital Territory High Court
sitting in Jabi, Abuja on a two count
charge bordering on theft to the
tune of N68, 028, 000, 000.00 (sixty
eight billion and twenty eight
million naira).
Omaidu, in connivance with Alhaji
K. B Kabiru, Godswill Oyegwa, Ben
and Oliver (all at large) allegedly
hacked into the server of a second-
generation bank and transferred the
sum of sixty eight billion, and
twenty eight million naira into
different accounts for personal
gains.
The offence is punishable under
section 287 of the Penal Code Act.
Following his “not guilty” plea,
counsel to EFCC, S. A Ugwuebgulam
asked the court to fix a date for trial
to commence.
However, defence counsel, Gabriel
O. Sanifu urged the court to admit
the accused to bail pending trial
saying, the offence is bail-able.
Ugwuebgulam objected to the
application on the ground that the
accused had failed to honour the
administrative bail terms earlier
granted him by the Commission and
could do same if not remanded by
the court.
Justice Nasir ordered the accused to
be remanded in the custody of the
EFCC and adjourned the case to
April 28, 2015 for ruling on the bail
application.
Wilson Uwujaren
Head, Media & Publicity
21st April, 2015
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Busted!! Man Who Allegedly Hacked Into Server Of A Bank And Tried To Steal N68Bn Arrested By EFCC
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