Crime

EFCC Arrests Four Suspects for Hacking Banks’ Computer Systems

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The Economic and Financial Crimes Commission have arrested four suspects for unauthorised access to banks’ computer systems.

The suspects were also accused of fraudulently withdrawing depositors’ funds.

The arrested individuals include the leader of the syndicate, identified as Chima Nwigwe, along with Effiong Emmanuel, Mohammed Mahmud—the Managing Director of Downstone Ultimate Limited—and Damian Ali.

The EFCC’s spokesperson, Dele Oyewale in a statement on Tuesday said the suspects were arrested during a sting operation in Abuja.

He said, “The Economic and Financial Crimes Commission, EFCC, has arrested Chima Anthony Nwigwe, the suspected leader of banks’ hacking syndicate alongside three others: Effiong Victor Emmanuel, Mohammed Bello Mahmud, managing director, Downstone Ultimate Limited and Daminan Ali for alleged conspiracy, unauthorised access to banks’ computer systems and fraudulent withdrawal of depositors’ funds.

He stated that the suspects would be taken to court once the investigations are concluded

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