Justice A. Isiaka of the Kaduna State High Court has convicted and sentenced Nureedeen Siraj for fraud after he was found guilty of illegally accessing Zenith Bank’s portal and transferring N3.4 million into his personal account.
Siraj was prosecuted by the Kaduna Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) on a one-count charge of theft involving the sum of N3,400,000:00.
According to the charge; “That you, Nureedeen Siraj ‘M’, sometimes in December 2022 in Kaduna, within the jurisdiction of this Honourable Court, dishonesty took N3,400,000:00 (Three Million, Four Hundred Thousand Naira) out of the possession of Zenith Bank PLC into your own account without the Bank’s consent. You thereby committed theft, an offences contrary to Section 270 (1) and punishable under Section 271 of the Penal Code Law 2017 of Kaduna State”.
Upon reading of the charge, Siraj, pleaded guilty. Prosecution counsel T. J. Matiyak asked the court to convict and sentenced the defendant accordingly, a request that was not contested by the defence counsel, Fatima Ustaz.
Justice Isiaka sentenced Siraj to two years in prison with an option of N300,000:00 (Three Hundred Thousand Naira) fine. He was also ordered to fully restitute the stolen N3. 4 million to Zenith Bank.
His arrest followed actionable intelligence which revealed that he used a rogue code to hack into Zenith Bank:s system and fraudulently credit his account with the funds.
-9News Nigeria.
