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Skye Bank

This is not a better moment for one of the commercial banks in the country, as the bank recently loss a huge sum of N114 million to fraudsters.
The bank, Skye Bank Plc, it was learnt loss the said amount to fraudsters who specializes in hacking to internet services of banks in  the country.
However, the Police in Lagos have arrested and arraigned a five man-gang, that carried out the act before a Lagos Chief Magistrate's Court.
Those arraigned for the entire alleged act are: Odewale Moroof 29, Sylvester Ozoike 36, Dickson Ologwu 23, Akinsanya Olayiwola 35, and Adejumo Saheed 37, who were charged before an Igbosere Chief Magistrate's Court for allegedly hacking into the bank system and stole the said sum.
The five accused persons whose addresses was not given were arraigned before Miss M. O Awogboro led-court on a two count charge bordering on conspiracy and stealing.
At the arraignment of the accused persons, the prosecutor Assistant Superintendent of Police, Henry Obiazi, informed the court that the accused persons and others still at large committed the alleged offences sometimes  ‎in the month of November 21, at Head office of Skye Bank Plc, situated at Victoria Island.
He also informed the court that the accused persons on the same month, place and year stole the sum of N114, 806, 000, by hacking into the bank's system.
Obiazi, said the offences committed by the accused persons are contrary to punishable under sections 409, 285 (5) (a) of the criminal law of Lagos State of Nigeria 2011.

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