FRAUD SYNDICATE ARRESTED BY DSS WHILE ATTEMPTING TO DEFRAUD FG N4.5BN



A plot by a syndicate to steal N4.5 billion from the Federal Government’s Treasury Single Account (TSA) has been foiled by the Directorate of State Services (DSS).

The four-man syndicate was about to hack into the Government Integrated Financial Management Information System (GIFMIS) domiciled in the Office of the Accountant-General of the Federation (OAGF) to steal the money when the plan was aborted by the under cover security outfit.

In a wide-ranging statement on its activities yesterday, DSS spokesman Tony Opuiyo, said: “The gang was led by one Sunny Okoh, a hacker who worked in collaboration with the trio of Uwem Udo Ekpo, a Chief Programme Analyst in the OAGF, Maxwell Ekene, a retired security operative and Dozie Egwu, based in Malaysia and who is now at large.

“The suspected fraudsters intended to use a software they had sourced and codes released to them by Ekpo to hack government accounts in the Central Bank of Nigeria (CBN) and defraud the government of this huge sum,” the DSS alleged.

The intelligence-gathering agency stated that the hacking suspects had been handed over to the EFCC for further investigations and prosecution, adding that citizens’ timely information is always helpful in uncovering criminals’ plans.

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Chris Kehinde Nwandu is the Editor In Chief of CKNNEWS || He is a Law graduate and an Alumnus of Lagos State University, Lead City University Ibadan and Nigerian Institute Of Journalism || With over 2 decades practice in Journalism, PR and Advertising, he is a member of several Professional bodies within and outside Nigeria || Member: Institute Of Chartered Arbitrators ( UK ) || Member : Institute of Chartered Mediators And Conciliation || Member : Nigerian Institute Of Public Relations || Member : Advertising Practitioners Council of Nigeria || Fellow : Institute of Personality Development And Customer Relationship Management || Member and Chairman Board Of Trustees: Guild Of Professional Bloggers of Nigeria

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