Justice Rahman Oshodi of the Lagos Special Offences Court, Ikeja, has convicted and sentenced two men; Hamza Zakaria and Nurudeen Ibrahim, to 26 months imprisonment each for their involvement in an N8.56 billion fraud.

The duo were found guilty of gaining unauthorised access to the computer systems of a new-generation bank.

They were initially arraigned on May 2, 2025, alongside other suspects, on a four-count charge filed by the Economic and Financial Crimes Commission, EFCC.

Their charges bordered on conspiracy, stealing, and unlawful access to a computer system, offences contrary to Sections 409 and 331 of the Lagos State Criminal Law, 2011.

Both defendants had earlier pleaded not guilty.

However, they changed their plea after the EFCC presented amended charges, enabling the court to convict and sentence them based on the updated information.

During the review of the case, EFCC counsel Muhammad Bashir called an operative of the Commission, Airende Monday, who presented documents that were admitted into evidence.

Delivering judgment, Justice Oshodi ruled:

“I find the defendants guilty in the two-count amended information, and I convict them accordingly. This is the judgment of the court.”

The court imposed eight months imprisonment on count one and one year and six months on count two.

The sentences are to run concurrently, with an option of a N50,000 fine.

According to the EFCC, Zakaria, Ibrahim and others still at large conspired in January 2025 to illegally access and manipulate Wema Bank’s computer systems and servers, transferring and retaining criminal proceeds derived from the breach.