Although Ronald Azairwe (right), the Pegasus Technologies Managing Director declined to talk on record about the incident, Anne Juuko (left), Wim Vanhelleputte (2nd left), and VG Somasekhar (2nd right), the CEOs of Stanbic Bank Uganda, MTN Uganda, and Airtel Uganda respectively, admitted there was an “incident”, but did not give details. Police has also confirmed that an electronic fraud matter has been lodged with them and investigations are in the offing.

Hackers break into mobile money system to steal unspecified billions belonging to Airtel, MTN, Stanbic and others

Hackers break into mobile money system to steal unspecified billions belonging to Airtel, MTN, Stanbic and others

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