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Home » Court docket jails two males 26 months for N8.5b fraud
News November 19, 2025No Comments

Court docket jails two males 26 months for N8.5b fraud

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Court docket jails two males 26 months for N8.5b fraud
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JUSTICE Rahman Oshodi of Lagos Particular Offences Court docket sitting in Ikeja has convicted and sentenced two males, Hamza Zakaria and Nurudeen Ibrahim, to 26 months’ imprisonment every for N8.56 billion fraud.

Zakaria and Ibrahim have been convicted and sentenced after the court docket discovered them responsible of unauthorised entry to a brand new technology financial institution’s laptop programs. They have been previously arraigned on Might 2, 2025, alongside different defendants, on 4 counts by the Financial and Monetary Crimes Fee (EFCC).

Their offences bordered on conspiracy, stealing and unauthorised entry to a pc system, opposite to Sections 409 and 331 of the Legal Regulation of Lagos State, 2011. That they had pleaded not responsible on the time.

The defendants, nonetheless, modified their plea following the presentation of amended expenses, prompting the court docket to convict and sentence them accordingly.

In the course of the evaluate of the info, prosecution counsel, Muhammad Bashir, known as a witness, Airende Monday, an operative of the EFCC, who tendered paperwork that have been admitted as reveals.

Whereas delivering judgement, Justice Oshodi said: “I discover the defendants responsible within the two-count amended data, and I convict them accordingly. That is the judgement of the court docket.”

The court docket jailed them eight months on rely one and one yr and 6 months on rely two. Each sentences are to run concurrently, with an choice of a N50,000 high-quality.

The EFCC alleged that the defendants and different individuals at massive, someday in January 2025 in Lagos, throughout the court docket’s jurisdiction, conspired to switch and retain felony proceeds from unauthorised entry to Wema Financial institution’s laptop and servers.



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