A computer programmer with the US mortgage firm Fannie Mae has denied charges of planning to use a malicious 'virus bomb' to destroy the data on around 4,000 of the company's computer servers, according to reports.
Rajendrasinh Babubhai Makwana was indicted last week by a federal grand jury, Reuters reports.
He is accused of planting the malware 'bomb' in Fannie Mae's computer system on October 24th, 2008 - the same day he was dismissed as a contractor for the firm and told to return his company laptop and other computer equipment.
The malicious software code was designed to spread throughout the mortgage finance company's network on January 31st, destroying all the data held on the system, the government's complaint alleges.
If convicted of the charges, Mr Makwana faces up to ten years in prison.
A trial date will probably be set at the end of this month, a spokeswoman said.
Established in 1938 Fannie Mae was one of America's biggest mortgage financing companies. In September, the government was forced to rescue the firm in a $100 billion deal following the collapse of the sub-prime mortgage market.
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