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Hackers who stole N466m from Polaris Bank get N1m bail each

Ibrahim Ahmadu by Ibrahim Ahmadu
January 23, 2019
in Breaking News, Crime, Legal, News
0
First Nation MD provided forged document for N1.7bn loan, Polaris Bank tells court

Polaris Bank

Justice Mohammed Tukur of the Kaduna State High Court has granted bail to five hackers, Bashir Abdullahi Mohammed, Oche Ogenyi, Adefila Taofile Kayode, Rabiu Aliko Lawal and Mmadu Mathew, standing trial on a two-count charge bordering on conspiracy and stealing to the tune of N466 million.
They were arraigned on January 16, 2019 for allegedly hacking into Polaris Bank’s application to defraud the bank of the said sum.

Hackers who stole N466m from Polaris Bank get  N1m bail each
Hacker

They had fraudulently increased the N781,000 in one of the customer’s bank account to N466 million.
One of the counts reads: “That you Bashir Abdullahi Mohammed, Oche Ogenyi, Adefila Taofile Kayode, Rabiu Aliko Lawal and Mmadu Mathew Onyekachi, and others at large sometime in 2018 in Kaduna within the judicial Division of the High Court did conspire amongst yourselves to commit theft of the sum of N446m and you thereby committed an offence contrary to Section 58(1) of the Penal code and punishable under Section 59(1) of the Same Law”.
They had pleaded “not guilty” to the charges.
The trial judge granted them bail in the sum of N1 million each and one surety in like sum, who must have a landed property within Kaduna metropolis.
The case has been adjourned to March 13, 2019 for hearing.

Tags: Hackers who stole N466m from Polaris Bank get N1m bail each
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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.