Teenager arrested for alleged hacking of bank accounts, stealing N850,000

A 19-year-old, Chukwudi Oludiniwa, on Thursday appeared in Tinubu Magistrates’ Court, Lagos for allegedly hacking into two bank accounts, stealing N850,000. He is facing a four-count charge bordering on conspiracy, fraud and stealing.
According to the prosecutor, Insp. Francisca Okere, the accused and one other at large committed the offences on Dec. 15 at Stanbic IBTC Bank, Ketu branch.
She said that the accused and his accomplice hacked into a United Bank of Africa (UBA) account with number 1013439509 and transferred N350,000 into Oludiniwa’s account. The prosecutor said that the accused also stole the sum of N500,000 from one Mr Idahosa Agbeyi’s UBA account number 1013428509.
Okere said that the accused was apprehended by the management of the bank when he wanted to withdraw some money.
She submitted that the offences contravene Sections 409, 363, 285, 385 and 386 of the Criminal Laws of Lagos State, 2011.
The accused, however, pleaded not guilty.
Oludiniwa claimed that his accomplice, who was a former neighbour, requested for his bank details for a deposit which he (accused) would help him withdraw. The Magistrate, Mr Lekan Owolabi, granted the accused bail in the sum of N50,000, with two sureties in like sum. He adjourned the case till Feb. 3, 2016

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