N466m Scam: Fraudsters Who Defrauded Polaris Bank Get N1m Bail

N466m Scam: Fraudsters Who Defrauded Polaris Bank Get N1m Bail

Justice Mohammed Tukur of the Kaduna State High
Court has granted bail to Bashir Abdullahi Mohammed, Oche Ogenyi,
Adefila Taofile Kayode, Rabiu Aliko Lawal and Mmadu Mathew who are
standing trial on a two-count charge bordering on conspiracy and
stealing to the tune of N466, 000, 000 (Four Hundred and Sixty Six
Million Naira) only.
 

They were arraigned on January 16, 2019 for allegedly hacking into
Polaris Bank’s application to defraud the bank of the said sum. They had
fraudulently increased the N781, 000 in one of the customer’s bank
account to N466 million.
 

One of the counts reads: “That you Bashir Abdullahi Mohammed, Oche
Ogenyi, Adefila Taofile Kayode, Rabiu Aliko Lawal and Mmadu Mathew
Onyekachi, and others at large sometime in 2018 in Kaduna within the
judicial Division of the High Court did conspire amongst yourselves to
commit theft of the sum of N446m and you thereby committed an offence
contrary to Section 58(1) of the Penal code and punishable under Section
59(1) of the Same Law”. They had pleaded “not guilty” to the charges.
 

The trial judge granted them bail in the sum of N1 million each and
one surety in like sum, who must have a landed property within Kaduna
metropolis. The case has been adjourned to March 13, 2019 for hearing.