The Economic and Financial Crimes Commission (EFCC) has arraigned a former Access Bank employee, Chinonso Akujobi, before a Lagos State High Court over the alleged theft of N294.5 million from customers’ accounts.
Akujobi was arraigned before Justice I.O. Ijelu of the Lagos State High Court sitting in Ikeja on Thursday by the EFCC’s Lagos Zonal Directorate 2 on a five-count charge bordering on stealing.
According to the anti-graft agency, the defendant allegedly diverted a total of N294,595,992 while in the employment of Access Bank.
The EFCC alleged that between January and December 2025, Akujobi dishonestly converted funds belonging to the bank by making unauthorised payments from the bank’s general ledger into his Access Bank account.
One of the charges stated that Akujobi allegedly stole and converted N109,325,566.86 for his personal use through unauthorised transfers from the bank’s general ledger to his account.
The commission further alleged that the diverted funds were transferred into accounts bearing the names Chinonso A., Uchechi A., and Florence A.
The defendant pleaded not guilty to all five counts when the charges were read to him.
Following his plea, prosecution counsel, S.M. Yabo, urged the court to fix a date for trial and remand the defendant in a correctional facility pending the determination of the case.
Justice Ijelu adjourned the matter until October 8, 2026, for the hearing of the bail application and commencement of trial.
The court also ordered that Akujobi be remanded at the Ikoyi Correctional Centre pending further proceedings.
