By Mike Odiegwu, Port Harcourt

A Federal High Court in Port Harcourt, the state capital, on Tuesday convicted and sentenced one Eric Obulo to one year imprisonment for hacking the database of a commercial bank and stealing $70,000 about N26.9m.

Justice I. M. Sani convicted Obulo following his arraignment by the Port Harcourt zonal office of the Economic and Financial Crimes Commission (EFCC).

A statement signed by the EFCC Head, Media and Publicity, Wilson Uwujaren, said the court also gave the victim an option of N5million fine.

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The convict was arraigned for unlawfully intercepting by technical means the database of the bank and  stealing $70,000.

The statement said the crime was committed in Port Harcourt on July, 2019.