MTN Computer Hackers Granted N100m Bail

MTN Computer Hackers Granted N100m Bail

On Monday, a Federal High Court in Lagos granted bail of N50 million each to Timothy Oluwabukola and Anthony Odemerho, students from Moshood Abiola Polytechnic and Resign Regal Academy, respectively. The pair is accused of hacking into MTN Nigeria’s computers and stealing airtime and data valued at N1.9 billion…….. CONTINUE READING 

Justice Akintayo Aluko approved the bail following the review of two separate bail applications from the defendants. Besides the bail amount, each defendant is required to provide two sureties. One must be a civil servant with a grade level of 14 or higher, while the second must own property within the court’s jurisdiction and submit an affidavit of means.

The civil servant surety must provide a reference letter from their workplace and a promotion letter, and the defendants must submit two recent passport photographs to the court registrar. The court also directed the prosecution to verify all documents submitted by the sureties, including their addresses.

Pending the fulfillment of these conditions, the defendants will remain in a Correctional Centre. Oluwabukola and Odemerho were arraigned on July 30, 2024, by the Police Special Fraud Unit, facing charges of conspiracy, unauthorized access, and unlawful conversion.

According to Police prosecutor Justine Enang, the alleged crimes occurred between January and April 2024, in Lagos and Edo states. The defendants are accused of hacking MTN’s web-based platform and stealing N1.9 billion in airtime and data, violating multiple sections of the Cybercrime (Prohibition, Prevention, etc.) Act, 2015, and the Money Laundering (Prevention and Prohibition) Act, 2022.

The defendants have pleaded not guilty. Following their plea, the court set a date of August 5, 2024, to hear the bail applications.

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