The Economic and Financial Crimes Commission (EFCC) has arrested four individuals in Abuja for their alleged involvement in hacking a bank's computer system.
The announcement was made via the EFCC's X page on October 29, 2024. The suspects have been identified as Chima Anthony Nwigwe, who is described as the alleged leader of the hacking syndicate, along with Effiong Victor Emmanuel, Mohammed Bello Mahmud (the managing director of Downstone Ultimate Limited), and Daminan Ali.
The EFCC accused the suspects of conspiring to gain unauthorized access to bank computer systems, resulting in fraudulent withdrawals of depositors' funds.
According to the Commission, the arrests followed a sting operation based on actionable intelligence regarding their suspected activities, which included hacking and compromising the databases of commercial banks to facilitate fraudulent transfers and withdrawals through various digital platforms.
While the EFCC did not disclose the name of the affected bank