Read how hackers hacked into new generation Bank account.

A 29-year-old man, Odewale Moroof, accepted to be a staff of the Nigeria Security and Civil Defense Corps, NSCDC, close by four others have been arrested and charged to court for hacking.

The suspects: Adejumo Saheed, 37, Sylvester Ozoikie, 36, Akinsanya Olayiwola, 35 and Dickson Ologwu, 23, who were captured by agents of the X Squad of the Force Criminal Investigation Department, FCID, Alagbon Close, Ikoyi, Lagos state, were charged to have hacked into a record of a bank and pulled back the total of N114, 806, 000 without authorisation and changed over the cash to their own utilization.


The suspects were Tuesday, summoned under the watchful eye of an Igbosere Magistrates' Court, Lagos, on a two-tally charge of crime to mind, taking.

As indicated by the Police prosecutor, ASP Henry Obiazi, in control No B/14/2016, the blamed persons committed  the offense in November, 2014 at the home office of the  bank in Victoria Island, Lagos.

Obiazi noticed that the denounced persons plotted with others still at large to hack into the record of the bank to pull back the said sum and moved the cash into 69 accounts from where they pulled back the cash and shared it.

"The offenses are culpable under segments 409 and 285(5)(a) of the criminal Laws of Lagos State, 2011," the prosecutor said.

In the interim, the charged persons argued not guity.

The directing Magistrate, Miss A. O. Awogboro granted them bail in the whole of N10m each with two sureties each in like total, one of whom must be a blood connection.

The Magistrate coordinated that one of the sureties must have a property on Lagos Island with legitimate records.

Awogboro deferred the matter till 23 March, 2016 for notice, requesting that the denounced persons be remanded at Ikoyi jail pending when they will satisfy their safeguard conditions.