Lagos police have apprehended four individuals suspected of hacking into the accounts of two airline companies.
According to reports, the suspects allegedly siphoned ₦277,848,000 after gaining unauthorized access to the accounts.
The stolen funds, which had been deposited by the airlines, were illicitly transferred by the fraudsters before their arrest.
The Commissioner of Police, CP Jimoh Moshood who was represented by the Command Spokesperson, Benjamin Hundeyin on Monday said a former staff of a new generation bank alleged that some unidentified persons stole the sum of £138,924.
The CP said the money which is equivalent to ₦277,848,000 was moved from the two domiciliary accounts of international airlines domiciled in the bank.
He said: “Immediately the money was moved from one bank, it was transferred to another domiciliary account before the fraudsters eventually collect all the money.
“Following this, the bank reported the matter at the Lagos State Police Command and investigation immediately commenced.
The leader of the suspects Shuaib Olaleye 27 was arrested March 12, in Ogun State and a Toyota Camry vehicle suspect to be the proceeds of the crime was recovered from him at his hideout.
“Others are Oladunjoye Adegoke 33 was also arrested March, 13 in Victoria Island, with a Toyota Camry (Pencil Light).Further investigation led to the arrest of One Austin Alfred 38, who is the Supervisor, Trade Services Department of the bank and Jude.
“Uzobuaku 36, the Processor, Trade Services Department who facilitated the illegal transfer of funds to a foreign accounts provided by the main suspect. “
The CP however said investigation is ongoing on the matter and the public will be updated on developments.
He added that investigation is ongoing on the matter.
