One Ishaq Abubakar has been arraigned before a Federal High Court sitting in Ikoyi on 11 counts charges of cybercrimes.
The Defendant was arraigned by the Lagos Command of the Economic and Financial Crimes Commission (EFCC) before Hon. Justice Peter Lifu
The Defendant was allegedly was arrested by officers of the Nigeria Customs Service (NCS) on August 22, 2020, at the Murtala Muhammed International Airport, Lagos on his way to Dubai with 2,863 Automated Teller Machine (ATM) cards and four Subscriber Identification Module (SIM) cards carefully concealed in parks of noodles.
The charge sheet read in part, “That you, Abubakar Ishaq, on or about 22nd August 2020 at Lagos, within the judicial division of this Honorable Court, received and retained in your possession 10 ATM cards issued in the cardholders, which cards you knew were taken or retained under circumstances which constitute card theft and thereby committed an offence contrary to and punishable under Section 34 of cybercrimes( Prohibition, Prevention, Etc) Act, 2015.”
He was also accused of allegedly receiving a lost Access bank ATM card belonging to one Alamin Bashir Babuga, and kept same in his possession with intent to traffic it to a person other than the card owner, an offence contrary to and punishable under Section 33(4) of Cybercrimes( Prohibition, Prevention, Etc) Act, 2015.”
He pleaded not guilty to the charges were read to him and his Counsel, George Ochima, informed the court of a pending application for bail.
Hon. Justice Lifu, however, granted the defendant bail in the sum of N50 million with two sureties in like sum, one of who must provide land ownership proof in Lagos while the other must be a civil servant not below Grade Level 14.
The Judge while adjourning commencement of hearing to february 18, 2023 ordered the defendant to be remanded in Ikoyo Correctional Centre in Ikoyi, pending perfection of his bail condition.
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