Hackers Attacks Bank’s Server And Stole N752M From Company’s Account


The auditor of the United Bank for Africa, Ojo Oladimeji, told the Federal High Court in Lagos how the bank’s database had been hacked recently, with hackers transferring a total of N752 m from the account of Flour Mills Nigeria Limited to the bank.

Oladimeji said the N752m was transferred to 20 different accounts between June 24 and July 3 this year.

The auditor was in court to testify in the case against an alleged Internet fraudster, Ola Lawal, alias Lawal Roland, who is being prosecuted for the alleged hacking of UBA’s server by the Economic and Financial Crimes Commission.

Lawal is standing trial alongside his firm, DCAN Oil and Gas Limited.

Oladimeji, who was led in evidence by EFCC lawyer, M. K. Hussain, said the fraud was narrowed down to Lawal because N46m out of the N752m was transferred into his account in Union Bank Plc.

The auditor said, “We discovered that the sum of N752m had been fraudulently transferred from one of our customers’ account, Flour Mills Nigeria Limited, to 20 different accounts, which the defendant’s company’s account was a beneficiary.

“Flour Mills’ account was hacked between June 24 and July 3, 2019, and the total sum of N752m was fraudulently transferred.

“The defendant’s account in Union Bank Plc received N46m on July 3. We then wrote a letter to our lawyer, Akin Adesomoju, to assist us with a petition to the EFCC to assist in investigation, recovery, arrest and prosecution of the culprits. That was how the defendant was arrested and charged to court after the EFCC investigation.”

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On Monday, Lawal and his business are arrested for the offence. Both pleaded not guilty to those charges. Justice Chuka Obiozor has allowed Lawal to bail the sum of N50 m with one guarantee in the same amount. The case was adjourned to 12 December 2019 for the start of the trial.



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