Friday, July 10, 2026

Ex-Access bank employee arraigned over alleged N294.5m theft from customers' accounts

Ex-Access bank employee arraigned over alleged N294.5m theft from customers' accounts

The Economic and Financial Crimes Commission (EFCC) has arraigned a former Access Bank employee, Chinonso Akujobi, over the alleged theft of N294.5 million from customers' accounts in Lagos.

Akujobi was brought before Justice I.O. Ijelu of the Lagos State High Court in Ikeja on Thursday on a five-count charge bordering on stealing.

According to the EFCC, the former bank employee allegedly diverted N294,595,992 from customers' funds while working at Access Bank.

One of the charges stated that between January and December 2025, Akujobi allegedly "with a dishonest intent, and while under the employment of Access Bank Plc, stole and converted for your own use, by unauthorized payments from the general ledger of the bank to your Access Bank account, the sum of N109,325,566.86."

The anti-graft agency also alleged that the stolen funds were transferred into accounts bearing the names Chinonso A., Uchechi A., and Florence A.

Akujobi pleaded not guilty to all five charges.

Following his plea, EFCC prosecutor S.M. Yabo asked the court to fix a trial date and remand the defendant in a correctional facility pending trial.

Justice Ijelu adjourned the case until October 8, 2026, for the hearing of the bail application and the commencement of trial.

The court also ordered that Akujobi be remanded at the Ikoyi Correctional Centre pending further proceedings.

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