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The Digest:

Two men have been convicted of illegally accessing a bank’s computer systems and diverting billions. The judgment by Justice Rahman Oshodi of the Lagos Special Offences Court highlights the ongoing battle between digital crime and justice, revealing how the law navigates the silent, rapid currents of modern fraud.

Key Points:
  • Hamza Zakaria and Nurudeen Ibrahim were sentenced to 26 months' imprisonment.
  • The duo gained unauthorized access to a new-generation bank’s computer systems.
  • They were accused of conspiracy and stealing involving N8.56 billion.
  • Charges were filed by the Economic and Financial Crimes Commission (EFCC).
  • Both initially pleaded not guilty but changed their plea during proceedings.
  • Sentences are to run concurrently with an option of a N50,000 fine.
  • Other suspects involved in the fraud remain at large.
This case underscores the evolving challenge of securing digital infrastructures and the judicial system’s efforts to hold offenders accountable in an increasingly connected world.

Sources: Daily Post Nigeria