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N1.4Billion Bank Fraud: Court Denies Bail To Kogi House Of Assembly Candidate, Two Others

The Federal High Court in Lagos on Tuesday denied bail to three men accused of hacking the computer network of Union Bank and stealing N1,403,343,400 (N1.4 billion). The trio are a candidate seeking election into the Kogi State House of Assembly, Ismaila Yousuf Atumeyi; a former employee of Union Bank, Abdulmalik Salau and one Ngene Joshua. The suspects were on Monday arraigned by the Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) on 18 counts before Justice Tijjani Ringim. ....

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