STANBIC BANK EMPLOYEE REMANDED OVER MOBILE MONEY HACKING

Admin
By Admin

Buganda Road Magistrate’s Court has remanded Alvin Mugerwa to Kitalya Government’s prison on charges related to hacking of Pegasus Technologies Systems.

Mugerwa was today afternoon arraigned before Grade One Senior Magistrate Stella Maris Amabilis who read to him two charges under the Computer Misuse Act of 2011.

The charges are unauthorized access and access with intent to commit or facilitate the commission of a further offense.

The Prosecution contends that Mugerwa and others still at large between July 2020 and October 2020 in Kampala District intentionally accessed Pegasus Technologies Systems without authority or permission to do so.

Trouble for Mugerwa started when two telecommunication giants MTN Uganda and Airtel Uganda and two banks Stanbic Bank and Bank of Africa reported to the Directorate of Criminal Investigations Department of Police in Kibuli that more than 10 billion shillings had fraudulently been transferred to more than 2,000 simcards.

According to Police records, money was reportedly taken when Mugerwa and others who are still at large hacked into Pegasus Technologies Systems that enables communication between the telecommunication companies and banks.

However, Mugerwa who was being represented by lawyer Fahad Siraji denied the charges and was sent to prison until December 14 2020 for bail application after the State Attorney Mariam Njuki told court that investigations were incomplete.

Share This Article