Sponsored
Crime

2 Men Arrested For Allegedly Hacking Into Company Accounts & Siphoning Over N79m

Sponsored
Sponsored
MICHAEL AKINOLA
Two men, Babatunde Adebisi Adebayo, 29 and Babarinde Olanrewaju Tolani, 25, have been arrested and charged in Lagos State for allegedly hacking into the accounts of One Pipe Chedda Billing On-line Company and siphoning funds to the tune of N79m.
P.M.EXPRESS reports that the incident happened at Badagry Street, Adeniyi Jones, Ikeja and Popoola Close, Agbe Road, Abule-Egba, Lagos State, where the company offices are located.
According to the Police,  the suspects manipulated the company’s account and allegedly stole the money and then shared it into 12 differents bank accounts before the company later discovered.
The matter was reported to the Police at Oko Oba Division. The operatives moved into action, arrested the suspects and detained at the station for interrogation over their alleged conduct.
After thorough interrogation, the Police found them culpable and consequently charged them before the Ogba Magistrate Court for the alleged offence which attracts several years of imprisonment.
The charges read :
COUNT 1: “That you, Babatunde Adebisi Adebayo “M” and Babarinde Olanrewaju Tolani “M” and others now at large on the 30th day June 2024  at One Pipe Chedda Billing On-line Company, Badagry Street, Adeniyi Jones, Ikeja and  Popoola Close, Agbe Road, Abule-Egba, Lagos State in the Ikeja Magisterial District did conspire together to commit felony to wit stealing and thereby committed an offence contrary to and punishable under Section 411 of the Criminal Law of Lagos State of Nigeria 2015.”
COUNT II:” That you, Babatunde Adebisi Adebayo “M” and Babarinde Olanrewaju Tolani “M” and others now at large on the same date, time and place at the aforementioned magisterial District, did steal sum of N79,215,400.00 (Seventy-Nine Million, Two Hundred and Fifteen Thousand Four Hundred Naira) Only and shared it into twelve (12) differents Bank Accounts, properties of One Pipe Chedda Billing On-line Company at Badagry Street, Adeniyi Jones, Ikeja, Lagos State and thereby committed an offence contrary to and punishable under Section 287 (7) of the Criminal Law of Lagos State 2015.”
However, they pleaded not guilty.
The prosecutor, Inspector Lucky Ihiehie, asked the Court to give a date for hearing since they pleaded not guilty to enable the Police to prove that they actually committed the alleged offence.
The Presiding Magistrate, Mrs. M.O.Tanimola, granted them bail with sureties, who must show evidence of means of livelihood and tax payment while addresses will be verified by the Court.
The matter was adjourned for mention while the defendants were remanded in custody at the correctional center at Kirikiri town, Lagos, pending when they will perfect their bail conditions.
Sponsored
Alinnor Arinze

Recent Posts

Dangote Refinery Cuts Fuel Prices Again, Signals Further Moderation

Dangote Petroleum Refinery & Petrochemicals has announced another reduction in the ex-depot price of Premium…

4 hours ago

Rescue Mission: Governor Lawal Approves N7.2bn for Community Projects Across Zamfara

Zamfara State Government under the leadership of Governor Dauda Lawal has earmarked N7.2 billion for…

5 hours ago

Tokunbo Wahab And The Burden of Responsibility; More Kudos Than Knock

BY OLADAPO SOFOWORA In the relentless theatre of Lagos' environmental space, the stakes are measured…

5 hours ago

NUT’s Suspension Of Strike Demonstrates Patriotism, Commitment To Pupils’ Future – Adeniran

The Executive Chairman of the Oyo State Universal Basic Education Board (OYOSUBEB), Dr. Nureni Aderemi…

5 hours ago

Comrade Dauda Joins Residents As Ikeja Hosts Celebrity Boxing Promotion

The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda (AKOD), on Wednesday joined…

7 hours ago

Buruj Academy Duo Raheem & Fawas Set For Italy, UK, Netherlands Tour

Golden Eaglets stars, Raheem Moyinoluwa Salaudeen and Fawas Ayomide Adeleke, are set to resume preparations…

8 hours ago
Sponsored