A suspected hacker, Stephen Omaidu, has been arrested by the Economic and Financial Crimes Commission for allegedly hacking into the database of a bank, stealing N68bn.

It was gathered that the suspect allegedly worked with four others– Alhaji K. B. Kabiru, Godswill Oyegwa, Ben and Oliver – to transfer the sum into different accounts.

The EFCC spokesman, Wilson Uwujaren, told our correspondent that the four alleged accomplices escaped and had yet to be apprehended.

The EFCC arraigned Omaidu before Justice M. A. Nasir of the Federal Capital Territory High Court sitting in Jabi, Abuja on two counts bordering on theft to the tune of N68bn.

The commission said the offence was punishable under Section 287 of the Penal Code.

Omaidu, however, pleaded not guilty to the charges.

The counsel for the EFCC, S. A. Ugwuebgulam, subsequently asked the court to fix a date for the trial to commence.

But the defence counsel, Gabriel O. Sanifu, urged the court to admit the accused to bail pending trial saying, “The offence is bailable.”

Ugwuebgulam objected to the application on the grounds that the accused had failed to honour the administrative bail terms earlier granted him by the EFCC.

“He can do the same if not remanded by the court,” Ugwuebgulam added.

Nasir ordered the accused to be remanded in the custody of the EFCC and adjourned the case till April 28, 2015 .

Copyright PUNCH.

And they'll all go about flaunting Range rover sport and Ford EDGE as though they worked for the money....

People dey hama I dey here dey find first to comment for nairaland
mcteew


fuc k me

book

That guy is jobless. I think the government should learn a thing or two from this. If all the youth would use their expertise to cause harm to the economy, we wont have any country to live in peacefully. Government should create jobs or encourage youths to do same. That's the best way to avoid its occurrence.

My half pound advice.

Every day for the thief one day for the owner

I love hackers but not their crime.

Bad guy

Lacomus:
I love hackers but not their crime.

Is like saying You love food but not the smell. Go figure.

Emmyk:

Is like saying You love food but not the smell. Go figure.

you see your life, you think hacking is only used to commit crime Bro think out of the box.

Lacomus:
you see your life, you think hacking is only used to commit crime Bro think out of the box.

Pray tell me other uses of hacking.
Hacking itself is a computer crime. Go figure.

Hackers are artists. They create the world they want to live in. They push the boundaries of inventions and technology. Hackers are the reason you have computers in the first place. Don't jail hackers, employ them. They make the world a beautiful place.