Crime
Ex-Access Bank Employee Arraigned Over Alleged N294.5Million Fraud, Remanded In Ikoyi Prison
Akujobi was arraigned on Thursday before Justice I.O. Ijelu of the Lagos State High Court sitting in Ikeja by the Lagos Zonal Directorate 2 of the EFCC on a five-count charge bordering on alleged stealing.
Ikeja, Lagos State– A former staff member of Access Bank Plc, Chinonso Akujobi, has been arraigned by the Economic and Financial Crimes Commission (EFCC) over the alleged theft of N294,595,992 from the financial institution.
Akujobi was arraigned on Thursday before Justice I.O. Ijelu of the Lagos State High Court sitting in Ikeja by the Lagos Zonal Directorate 2 of the EFCC on a five-count charge bordering on alleged stealing.
According to the anti-graft agency, the defendant allegedly diverted the funds while working for the bank through unauthorised transfers from the bank’s general ledger into accounts allegedly linked to her.
One of the charges alleged that between January and December 2025, Akujobi, while employed by Access Bank, dishonestly stole and converted N109,325,566.86 by making unauthorised payments from the bank’s general ledger into Access Bank account number 0036668871 and other accounts bearing the names “Chinonso A.,” “Uchechi A.” and “Florence A.”
The EFCC said the alleged offence contravenes Section 280 and is punishable under Section 287 of the Criminal Law of Lagos State, 2015.
When the charges were read in court, the defendant pleaded not guilty.
Following the plea, the prosecution counsel, S.M. Yabo, urged the court to fix a date for trial and requested that the defendant be remanded in a correctional facility pending the hearing of the case.
Justice Ijelu subsequently adjourned the matter until October 8, 2026, for the hearing of the defendant’s bail application and the commencement of trial.
The judge also ordered that Akujobi be remanded at the Ikoyi Correctional Centre pending further proceedings.
