“The syndicate was responsible for the illegal diversion of a telecommunications company’s airtime and data resources, resulting in an estimated financial loss of over N7.7bn,” Hundeyin said. A follow-up operation later led to another arrest in the Federal Capital Territory. Investigators also traced and recovered significant sums of money from bank accounts linked to the suspects. The police said the suspects would be arraigned in court upon the conclusion of investigations. Commending the officers involved, the Inspector-General of Police, Kayode Egbetokun, praised their professionalism and reaffirmed the commitment of the force to protecting Nigeria’s digital and financial systems.