![Scammers hack UBA server, cart away N752m Scammers hack UBA server, cart away N752m](https://skytrendconsulting.com/wp-content/uploads/2019/10/UBA-BANK-SKYTRENDCONSULTING-768x432.jpg)
Scammers hack UBA server, cart away N752m
Scammers and fraudsters have hacked and penetrated the server of a leading Nigerian bank, United Bank for Africa, UBA making away with a whopping N752 million.
This was revealed by an auditor with the bank, Mr Ojo Oladimeji, who narrates to the Federal High Court in Lagos how the bank’s server was allegedly hacked and brought down recently.
He adds that the hackers moved a total of N752million from the account of Flour Mills Nigeria Limited with the bank and transferred the sum to 20 different accounts between June 24 and July 3 this year.
The auditor was in court to testify in the case against an alleged Internet fraudster, Ola Lawal, alias Lawal Roland, who is being prosecuted for the alleged hacking of UBA’s server by the Economic and Financial Crimes Commission, (EFCC). The accused is standing trial alongside his firm, DCAN Oil and Gas Limited.
Oladimeji, who was led in evidence by EFCC lawyer, M. K. Hussain, says the fraud was narrowed down to Lawal because N46m out of the N752m was transferred into his account in Union Bank Plc.
The auditor says, “We discovered that the sum of N752m had been fraudulently transferred from one of our customers’ account, Flour Mills Nigeria Limited, to 20 different accounts, which the defendant’s company’s account was a beneficiary. Flour Mills’ account was hacked between June 24 and July 3, 2019, and the total sum of N752m was fraudulently transferred.”
Call 0803 239 3958 for free financial consulting advice for your businesses.
Send your accounting articles to blog@skytrendconsulting.com.
READ ALSO!
How to get quick loans from Gtbank, Zenith, UBA, Access Bank without collateral
VAT threshold of N25m: All you need to know
Businesses With Less Than N25m Turnover Are Now VAT Exempt
PAYE: How to calculate personal income tax
Skytrend Consulting: Financial services and accounting solutions company
VAT on online purchases: 8 Critical things you must know
Nigerian Central Bank Approves Disbursement Of Loans For Creative Industries At 9%
How To Empower Yourself And Generate Income From Mutual Funds
That you received fraudulent money into your account unknowingly makes you a criminal?
Hmmm🤔🤔🤔💁♂💁♂
what will happen to customers money?
Comments are closed.