Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home Business & Finance

Tech-Savvy Students Charged with Hacking MTN for N1.9bn

Eriki Joan UgunushebyEriki Joan Ugunushe
August 2, 2024
in Business & Finance
0
Tech-Savvy Students Charged with Hacking MTN for N1.9bn
Share on FacebookShare on TwitterShare on Whatsapp

The Police Special Fraud Unit has dragged students Timothy Oluwabukola from Moshood Abiola Polytechnic and Anthony Odemerho from Resign Regal Academy to court for allegedly hacking into MTN Nigeria Communication Plc’s systems and stealing airtime and data worth a staggering N1.9 billion.

Table of Contents

Toggle
  • Why It Matters
  • What They Are saying
  • Bottom Line

Why It Matters

While some might argue these students should be offered jobs for their technical prowess, it’s clear that society can’t just celebrate cybercrime. First, they must face justice.

Oluwabukola and Odemerho were arraigned before the Federal High Court in Lagos on Tuesday, charged with four counts, including conspiracy, unauthorized access to MTN’s web-based platform, and unlawful conversion. The police prosecution counsel, Justine Enang, told the court that the students, along with others still at large, committed these offences.

What They Are saying

According to Enang, the alleged crimes took place between January and April 2024 in Lagos and Edo states. The students reportedly hacked into MTN’s Application Programming Interface (API) and siphoned off data, defrauding the telecom giant of N1.9 billion.

These actions, Enang said, violate Sections 27(1)(b); 6(2) and 28(1)(b) of the Cybercrime (Prohibition, Prevention, etc) Act, 2015 as amended in 2024, punishable under Section 8(2) of the same Act. The offences also breach Section 18(2)(b) of the Money Laundering (Prevention And Prohibition) Act, 2022, punishable under Section 18(3) of the same Act.

Despite the serious charges, both defendants pleaded not guilty. Following their pleas, the prosecutor requested a trial date and asked for the defendants to be remanded in custody until the trial.

However, the defense lawyers quickly informed the court that they had already filed bail applications for their clients and had served these on the prosecutor. The prosecutor acknowledged receipt but asked for time to review the applications properly.

In response, Justice Akintayo Aluko adjourned the case until August 5, 2024, to hear the bail applications.

Bottom Line

This case certainly raises questions about the fine line between skill and crime in the digital age. While their technical abilities are undeniable, Oluwabukola and Odemerho’s actions highlights the importance of using such skills ethically. For now, the court will decide their fate, but their story serves as a cautionary tale about the consequences of cybercrime.

Tags: federal characterHackingMTNNewsTechTech-Savvy Students Charged with Hacking MTN for N1.9bn
Eriki Joan Ugunushe

Eriki Joan Ugunushe

Eriki Joan Ugunushe is a dedicated news writer and an aspiring entertainment and media lawyer. Graduated from the University of Ibadan, she combines her legal acumen with a passion for writing to craft compelling news stories.Eriki's commitment to effective communication shines through her participation in the Jobberman soft skills training, where she honed her abilities to overcome communication barriers, embrace the email culture, and provide and receive constructive feedback. She has also nurtured her creativity skills, understanding how creativity fosters critical thinking—a valuable asset in both writing and law.

Related Posts

October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose
Business & Finance

October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose

October 4, 2025
Nigeria’s Data War with Meta Ends in a Quiet Courtroom Truce
Business & Finance

Nigeria’s Data War with Meta Ends in a Quiet Courtroom Truce

October 3, 2025
Is LAX at Risk? Chevron Refinery Fire Erupts in Key Jet Fuel Unit
Business & Finance

Is LAX at Risk? Chevron Refinery Fire Erupts in Key Jet Fuel Unit

October 3, 2025
Next Post
AI and Creativity: Can Machines Truly Create Art?

AI and Creativity: Can Machines Truly Create Art?

Kamala Harris Gains Traction: Challenges Trump to Debate

Kamala Harris Gains Traction: Challenges Trump to Debate

BBNaija S9 Housemate Rescued from Pool

BBNaija S9 Housemate Rescued from Pool

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

“He Said His Wife Cheated and Smoked Weed” — Yinka Theisen Shares Why She Dated Linc Edochie

“He Said His Wife Cheated and Smoked Weed” — Yinka Theisen Shares Why She Dated Linc Edochie

3 months ago
Mr May D blames Psquare over Lost Akon Collabo

Mr May D blames Psquare over Lost Akon Collabo

9 months ago
Israeli Minister Suggests Retaliatory Measures in Iraq, Yemen, and Iran

Israeli Minister Suggests Retaliatory Measures in Iraq, Yemen, and Iran

2 years ago
Trouble in Syria as Assad Loyalists and Syria’s New Leaders Clash

Trouble in Syria as Assad Loyalists and Syria’s New Leaders Clash

9 months ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) apc Arsenal buhari Business cbn chelsea china court Davido Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance food Football Foreign News government health inec Israel lagos Manchester United Naira Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump ukraine US
No Result
View All Result

Highlights

Diddy Combs Sentenced — Read Full Details of the Court Ruling

Why Trump Shut Down the Government

Paris Fashion Week SS26 Ushers in the New Rules of Engagement

This Is Trump’s Shutdown

Nigeria’s Data War with Meta Ends in a Quiet Courtroom Truce

NFVCB Chairman Reminds Nollywood- Box Office Is Not Oscars

Trending

Inside Seyi Shay’s Secret Past with Illuminati
Entertainment

Inside Seyi Shay’s Secret Past with Illuminati

byAyobami Owolabi
October 4, 2025
0

Nigerian singer Deborah Oluwaseyi Joshua, popularly known as Seyi Shay, has admitted that she was once affiliated...

October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose

October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose

October 4, 2025
Taylor Swift’s New Album Hints at Hidden Messages — Can Fans Decode Them?

Taylor Swift’s New Album Hints at Hidden Messages — Can Fans Decode Them?

October 4, 2025
Diddy Combs Sentenced — Read Full Details of the Court Ruling

Diddy Combs Sentenced — Read Full Details of the Court Ruling

October 4, 2025
Why Trump Shut Down the Government

Why Trump Shut Down the Government

October 3, 2025

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • Inside Seyi Shay’s Secret Past with Illuminati
  • October Onslaught: Naira Free-Falls as Dollar, Euro, Pound Tighten the Noose
  • Taylor Swift’s New Album Hints at Hidden Messages — Can Fans Decode Them?

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© 2024 FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com