Man remanded for alleged N800m bank hacking scheme
A 47-year-old man, Ugochukwu Eze, also known as “Amazon,” has been arraigned for allegedly hacking into the server of Suntrust Bank Plc and diverting N800m. The Federal High Court in Lagos heard that Eze and others conspired over several years to interfere with the bank’s computer system. The prosecution claims the offences contravene cybercrime and money laundering laws. Eze pleaded not guilty, and the court has set a date to hear his bail application.
What happened
- Ugochukwu Eze was arraigned before Justice Friday Ogazi for allegedly hacking Suntrust Bank Plc and diverting N800m.
- The Department of State Services accused Eze and others of conspiring between 2023 and 2026 to interfere with the bank’s computer system.
- The prosecution cited violations of the Cybercrimes (Prohibition, Prevention, etc.) Act, 2024, and the Money Laundering (Prevention and Prohibition) Act, 2022.
- Eze pleaded not guilty, and his counsel stated he had been in DSS custody for over a month.
- Justice Ogazi adjourned the matter until August 24 for the bail application hearing and ordered Eze to be remanded in custody.
