EFCC arraigns bankers for alleged cyber fraud attempt in Nigerian bank

20 hours ago 3
  • Two bankers and 3 others person been arraigned by the EFCC for allegedly attempting to breach PremiumTrust Bank's server
  • The suspects were charged with conspiracy and cyber fraud, with the tribunal mounting a proceedings day for June 30, 2025.
  • PremiumTrust Bank assured clients that its cybersecurity systems thwarted the attempted breach, reinforcing its committedness to information protection

Legit.ng writer Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

A Lagos Federal High Court has arraigned 2 bankers and 3 others, according to the Economic and Financial Crimes Commission (EFCC), successful transportation with a purported conspiracy to breach PremiumTrust Bank's server and embezzle lawsuit funds.

The prosecuting lawyer  asked the tribunal  to acceptable   a proceedings  day  and remand the accused. EFCC Arrests Bankers, othersPhoto Credit: EFCC
Source: UGC

The suspects, Kehinde Odeyemi and Matthew Adeniyi Damilola, are some employees of PremiumTrust Bank, the EFCC said.

According to the commission, the 2 were charged with 7 counts related to conspiracy and attempted cyber fraud, on with Samson Latshin Dakup, Bolaji Omotosho Yinka, and Sunday Badeniyi Okunola.

The EFCC claimed successful a The Cable report that betwixt April and May 2025, the defendants planned to change the bank's server entree codes and domain credentials to get unauthorized entree to its database.

However, the anti-graft bureau said successful a connection connected Tuesday that the defendants appeared earlier the Chief Judge, Alexander Owoeye, and pleaded not blameworthy to each counts.

The prosecuting attorney, Zeenat Atiku, asked the tribunal to acceptable a proceedings day and remand the accused.

However, the defence team, including Adeleke Adepoju for the archetypal defendant, requested wide bail presumption without submitting ceremonial applications.

According to the EFCC, Judge Owoeye ordered the defence teams to taxable ceremonial bail petitions aft rejecting the oral plea.

Reports bespeak that the justice remanded the archetypal suspect to the Kirikiri penitentiary installation and the different 4 to the Ikoyi detention facility.

To statesman the trial, the lawsuit was adjourned until June 30, 2025.

Bank responds

PremiumTrust Bank assures its stakeholders and clients that its integer infrastructure remains unaffected by the incident.

In a connection released connected Wednesday, the slope acknowledged that its interior information measures prevented the attempted intrusion and that the substance was instantly reported to the EFCC.

“Our Internal Information Security and IT Surveillance Teams detected and neutralised the menace successful existent time,” the slope said. “We admit the EFCC for its swift and nonrecreational involution successful arresting and prosecuting those involved.”
EFCC Arrests BankersPremiumTrust Bank reminded its clients to proceed practicing harmless online banking. Photo Credit: Contributor
Source: Getty Images

The slope added that its "world-class, multilayered cybersecurity framework" operated flawlessly, identifying and thwarting the hack effort without compromising lawsuit information.

“We stay unwavering successful our work to support lawsuit information and deposits. This incidental reinforces our committedness to robust cybersecurity protocols powered by AI-driven menace quality and real-time analytics,” it said.

Additionally, PremiumTrust Bank reminded its clients to proceed practicing harmless online banking, reaffirming its dedication to transparency, security, and top-notch lawsuit service.

Banks archer customers to support accounts

Legit.ng reported that the Economic and Financial Crimes Commission (EFCC) has issued another informing to the public, calling for vigilance and caution successful safeguarding idiosyncratic and business slope accounts.

The connection to the nationalist is portion of EFCC's bid to combat rising incidents of slope fraud crossed Nigeria.

During a caller occurrence of #EFCCCONNECT (Episode 145), the committee highlighted assorted forms of slope fraud that person been progressively reported:

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Source: Legit.ng

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