N1.4b Union Bank hacking: Court denies Kogi Assembly candidate, two others bail

Federal High Court sitting in Lagos on Tuesday denied bail to a Kogi Assembly candidate Ismaila Yousuf Atumeyi, a former employee of Union Bank Abdulmalik Salau and one Ngene Joshua accused of hacking the computer network of Union Bank and stealing N1,403,343,400 billion.

The trio was on Monday,# arraigned by the Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) on an 18-count charge before Justice Tijjani Ringim.

They pleaded not guilty and applied for bail through their counsel Mr. Bolaji Ayorinde, SAN.

The court noted that the magnitude of the offence is such the defendants can interfere with the law enforcement procedure and run away.

It noted further that extradition procedures from anywhere are such a cumbersome process

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