Two university students are accused of allegedly stealing Sh24.4 million after hacking into a local bank’s system, and are also said to have attempted to move another Sh190.7 million. The Information and Technology (IT) students at Jomo Kenyatta University of Agriculture and Technology (JKUAT) were on Monday charged with conspiring to defraud NCBA Bank of over Sh190.7 million and stealing Sh24.4 million. They denied the charges before Ms Njagi at the Milimani Law Courts. The prosecution said the two students conspired to defraud the lender with others who are yet to be arrested. “It is the first accused (Ngige) who initiated his prosecution process by informing bank authorities that there was a hitch in its system,” the magistrate was told by their lawyer.

Source: Daily Nation October 26, 2020 16:52 UTC