A 67-year-old woman, Wuraola Folashade Oluloye, has been arraigned before the Lagos State Magistrate Court at Igbosere, Lagos, for allegedly hacking into a First Bank Plc and stealing N16.2million.

Wuraola Folashade Oluloye, was arraigned on five-count charge of fraudulent diversion. She was arrested following a complaint from Solomon Akhanolu, Head of the Department of Forensic Auditors of First Bank.

She pleaded not guilty to the five counts and was granted bail of N500, 000 by the presiding judge, Folashade Olukoya, as well as two sureties.

Oluloye would be remanded in Kirikiri Prison custody until she meets her bail conditions

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The alleged crime was committed between last October 16th and December 31st, 2018 at First Bank’s Agidingbi Branch, Lagos.

According to the George Nwosu, the prosecution counsel, Oluloye, allegedly hacked the account of a First Bank customer, Emefiele Ogbor, with account No 3014419974, and withdrew N16,200,000 from there and transferred same to her accounts in Stanbic IBTC, Union, Sterling and First banks.

Shortly afterwards Oluloye showed up at the bank to make withdrawals from her account. Unknown to her, the police were waiting and she was arrested.

The alleged offences contravened Section 287 of the Criminal Law of Lagos State, 2015, the court heard.

The case will continue on June 24th.