EFCC Arraigns Bank Hacker Over N68 Billion Theft

Economic and Financial Crimes Commission (EFCC) on Monday arraigned Stephen Omadu for hacking into the server of a second generation bank and transferred sixty eight billion and twenty eight million naira (N68,028000,000:00). 

He connived with others still at large (Godswill Oyegwa, Alhaji K.B. Kabiru, Ben and Others) to commit the offence punishable under section 287 of Nigerian Penal Code Act.

EFCC Officials

Omadu was arraigned for the crime on Monday, April 20, 2015 before Justice M.A.Nasir of the Federal Capital Territory (FCT), Abuja. Omadu pleaded not guilty and counsel to the EFCC, S.A Ugwebgulam asked the court to fix a date for the trial to commence.

Bail request for Omadu was however objected by Ugwebgulam when defense counsel, Gabriel .O.Sanifu urged the court to grant the accused bail since the offence is bail-able. Ugwebgulam argued that Omadu had failed to honour the administrative bail terms earlier granted him.

EFCC Boss, Lamorde

Justice Nasir declined to grant request for bail and ordered the accused be remanded in EFCC custody before adjourning the case to April 28, 2015 for ruling on the bail application.