banking system. The Economic and Financial Crimes Commission (EFCC) said it has arrested four individuals involved in hacking Abuja banking system. (* ) )The EFCC disclosed this on October 29, 2024 to its *), Mohammed Bello Mahmud (Managing Director of Downstone Ultimate Limited) and Daminan Ali.
The EFCC accused the suspects of conspiring to
“access the bank’s computer system without authorization” Effiong and “fraudulent withdrawal of deposits”, the EFCC added, without naming the banks involved. Emmanuel The anti-graft agency said the suspects will be brought to court once investigations are completed.
The FITC report is based on declarations from twenty-eight (28) deposit-taking institutions in the country. According to the FITC, eighty such declarations were received during the quarter. Further analysis showed that twenty-six (26) reports were submitted in April and twenty-seven (27) reports were received in May and June.
