In a significant legal development, two students have been arraigned by the Police Special Fraud Unit for their alleged involvement in a high-profile hacking case targeting MTN Nigeria Communication Plc.
Timothy Oluwabukola from Moshood Abiola Polytechnic and Anthony Odemerho from Resign Regal Academy are accused of unlawfully accessing the telecommunications giant’s computer systems and stealing data and airtime valued at a staggering N1.9 billion.
According to police reports, the suspects utilized sophisticated hacking techniques to breach MTN’s security, leading to a massive loss for the company.
The investigation revealed that the stolen airtime and data were fraudulently acquired and subsequently sold in various markets, prompting a swift response from law enforcement.
The arraignment took place at a federal court, where the charges against the students were read. If convicted, they could face severe penalties, including substantial fines and imprisonment.
The case highlights growing concerns over cybersecurity and the need for robust protective measures in the telecommunications sector.
As the investigation continues, the police have urged the public to remain vigilant against cybercrimes and report any suspicious activities.
The outcome of this case could set a precedent in how similar cybercrimes are prosecuted in Nigeria, emphasizing the need for stricter enforcement against those who exploit technology for illicit gain.
