Four suspected bank hackers were apprehended in Abuja by the Economic and Financial Crimes Commission (EFCC).
The suspects, 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.
According to the EFCC, the arrests were made possible through a sting operation in Abuja, following actionable intelligence about the suspects’ alleged involvement in hacking and compromising databases of commercial banks.
This led to fraudulent transfers and withdrawals through various digital platforms.
Chima Anthony Nwigwe is believed to be the leader of the banks’ hacking syndicate.
Mohammed Bello Mahmud, one of the suspects, is the managing director of Downstone Ultimate Limited.
The EFCC’s investigation revealed that the suspects’ actions resulted in significant financial losses for depositors.
The EFCC has stated that the suspects will be charged to court upon conclusion of investigations.