The Economic and Financial Crimes Commission, EFCC, had arrested Chima Anthony Nwigwe, suspected leader of banks’ hacking syndicate.

Nwigwe arrested alongside three others; Effiong Victor Emmanuel, Mohammed Bello Mahmud, Managing-Director, Downstone Ultimate Limited and Damian Ali for alleged conspiracy, unauthorized access to banks’ computer systems and fraudulent withdrawal of depositors funds.

The anti-graft agency announced the arrest of the four suspects in a statement via its handle on Tuesday.

“They were arrested on a sting operation in Abuja following actionable intelligence about their suspected involvement in hacking, compromising data bases of commercial banks, thereby causing fraudulent transfers and withdrawals through different digital platforms.

“The suspects would be charged to Court upon conclusion of investigations”, the statement reads further.

-9News Nigeria.