Man hacks bank’s portal, steals N3.4m

The Kaduna State High Court sitting in Kaduna has convicted and sentenced a man, Nureedeen Siraj, to jail for fraud.

Siraj was prosecuted by the Kaduna Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) on a one-count charge bordering on theft to the tune of N3,400,000:

The charge read: “That you, Nureedeen Siraj ‘M’ sometime in December, 2022 in Kaduna State, within the jurisdiction of this Honourable Court, dishonestly took out of possession of Zenith Bank Plc in the sum of N3,400,000.00 only into your Zenith Bank Plc accounts without the consent of Zenith Bank Plc, thereby committed Theft an offence contrary to Section 270(1) of the Penal Code Law, 2017 of Kaduna State and punishable under Section 271 of the same Law.”

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He pleaded “guilty” when the charge was read to him.

The prosecution counsel, Y.J Matiyak, urged the court to convict and sentence Siraj accordingly, which met no opposition from defence counsel, Fatima Ustaz.

Justice A. Isiaka sentenced Siraj to two years imprisonment with a fine option of N300,000.

The young man also restituted N3.4 million, being the proceeds of crime to his victim.

The Star