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EFCC arraigns ex-Banker for alleged stealing of N294.5m depositors’ funds

*The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, arraigns Chinonso Akujobi, a former staff of Access Bank Plc for an alleged N294,595,992 theft before Justice I. O. Ijelu of the Lagos State High Court, sitting in Ikeja, the state capital

Isola Moses | ConsumerConnect

For an alleged N294,595,992 theft, the Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission (EFCC), Thursday, July 9, 2026, arraigned certain Chinonso Akujobi, a former staff of Access Bank Plc, before Justice I.O. Ijelu of the Lagos State High Court, sitting in Ikeja, the state capital.

The EFCC Directorate is prosecuting Chinonso on a five-count charge bordering on stealing to the tune of N294.5 million.

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One of the charges reads: “That you, Chinonso Akujobi, sometime between January and December, 2025, in Lagos, within the jurisdiction of this Honourable Court, with a dishonest intent, and while under the employment of Access Bank Plc, stole and converted for your own use, by unauthorised payments from the general ledger of the bank to your Access Bank account number 0036668871 with the name Chinonso A., Uchechi A. and Florence A, the sum of N109,325,566.86 (One Hundred and Nine Million Three Hundred and Twenty-five Thousand Five Hundred and Sixty-six Naira Eighty-six Kobo), thereby committed an offence stealing, contrary to Section 280 and punishable under Section 287 of the Criminal Law of Lagos State, 2015.”

ConsumerConnect gathered the defendant, however, pleaded “not guilty“ to the charges when they were read to her in the court.

Subsequently, the prosecution counsel, S.M.Yabo, prayed the court for a trial date, and also for the remand of the defendant in a Correctional centre. Justice Ijelu, thereafter, adjourned the case till October 8, 2026, for the hearing of the bail application and the commencement of the trial.

The Judge also ordered that the defendant be remanded in the Ikoyi Correctional Centre.

 

 

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