Two University students were yesterday charged with hacking the mobile banking app of NCBA bank and stealing Ksh 25 Million. They were also accused of attempting to steal Ksh 190.7 Million from the bank.
The two are active second year students at the Jomo Kenyatta University of Agriculture and Technology. They are currently pursuing IT at the institution. The prosecution claimed that the two, Anthony Mwangi and Anne Wambui Nyoike, committed the offences between October 20th and October 22.
The prosecution further claimed that the two were acting alongside other offenders who were not present before the court. The prosecution established that the two IT students colluded to steal Ksh 25.4 Million from the bank’s head office.
Their defence lawyer begged the presiding margistrate to give the suspects a lenient bail since they were students. He argued that one of the accused deserved a light bail since he initiated the prosecution process. Anthony Mwangi is alleged to have informed the bank authorities about a hitch in their system.
According to the advocate, Mwangi reacher out to the bank through their Twitter handle and later texted them on the SMS service. The bank requested Mwangi to appear before it for an inquiry after his suspicious texts. His lawyer maintains that he is a whistle blower and not a suspect.
The two were released on a Ksh 500000 cash bail and an option of a Ksh 2 million bond each.