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Student Hacks Bank, Steals 350, 000

Student Hacks Bank, Steals 350, 000


A ZAMBIA Centre for Accountancy Studies ZCAS student has appeared in the Choma Magistrates Court for allegedly hacking into a bank account and stealing over K350, 000 cash.

Appearing before Principal Resident Magistrate Exnobert Zulu was 33 years old Bolick Mungaila of Lusaka’s Kabwata Township who stands charged with two counts of accessing data without authority and theft.

In count one it is alleged that Mungaila in Choma, unlawfully bypassed data through a Personal Identification Number PIN for Cornelius Chinkuli and accessed K353, 982.21n after overcoming security measures designed to protect the hacked bank account.

In the second count, Mungaila is alleged to have stolen K353,982.21n cash the property of Chinkuli from his Xapit transfer.

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The alleged incidents are said to have happened between September 2017 and February 2018 in Choma.

Student Hacks Bank, Steals 350, 000 2

When the matter came up for plea, Mungaila denied the allegations.

Magistrate Zulu then granted Mungaila K50, 000 bail in his own recognizance with two traceable working sureties bound in the like sum.

The matter comes up on December 30 for trial and Mungaila was remanded in custody until he meets his bail conditions.

SOURCE: Lusaka Sun Newspaper

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