Nigerian Students Granted N100m Bail in MTN Hacking Case

A Federal High Court in Lagos has granted bail of N50 million each to Timothy Oluwabukola and Anthony Odemerho, students of Moshood Abiola Polytechnic and Resign Regal Academy, respectively, who allegedly hacked MTN Nigeria Communication computers and stole airtime and data valued at N1.9 billion.

Justice Akintayo Aluko granted them bail after hearing two separate bail applications filed by the defendants. 

In addition to the bail sum, the defendants are required to provide two sureties each, one of whom must be a civil servant in federal or Lagos State employment, grade level 14 or above. 

The second surety must own landed property within the court's jurisdiction.

Oluwabukola and Odemerho were arraigned on July 30, 2024, by the Police Special Fraud Unit on charges of conspiracy, unauthorized access to MTN's web-based platform, and unlawful conversion. 

They allegedly committed these offences between January and April 2024.

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