A Yaba Magistrates’ Court has granted two men bail in the sum of N500, 000 for conspiracy, obtaining by false pretences, unauthorised access and stealing.
A Yaba Magistrates’ Court which gave the ruling, said the accused should produce two sureties each in like sum.
The Magistrate, Mrs E. A. Johnson, said one of the sureties must be a Grade Level 12 officer in the civil service, while the second surety should be a community leader.
The duo of Aniegboka, 28 and, Ifeanacho, 24, whose addresses are unknown, pleaded not guilty to a four-count charge of conspiracy, obtaining by false pretences, unauthorised access and stealing.
Earlier, the Prosecutor, Sgt. Onaiwu Iyobosa, told the court that the duo and others still at large committed the offences on Oct. 27, Nov. 1 and Nov. 2, 2016 at No 163, Bamgbose St., Lagos Island.
He said the men and their accomplices hacked into the account of the complainant, Adepoju Adeleye, and fraudulently authorised the payment of N3.8 million through a WEMA Bank into different bank accounts.
The prosecutor alleged that the duo authorised the first payment in October and the subsequent transfers were made twice in November before they were nabbed and charged to court.
The offences contravened Sections 285, 312, 386 and 409 of the Criminal Law of Lagos State of Nigeria 2011.
The News Agency of Nigeria (NAN) reports that Section 312 provides a maximum of 15 years imprisonment for offenders.
The magistrate adjourned the case to March 22 for mention.