The Economic and Financial Crimes Commission (EFCC) has arraigned a former employee of Access Bank Plc, Chinonso Akujobi, before the Lagos State High Court in Ikeja over the alleged theft of N294.6 million.
Akujobi was docked on Thursday before Justice I.O. Ijelu on a five-count charge bordering on stealing.
According to the EFCC, the defendant allegedly diverted a total of N294,595,992 while employed by the bank through unauthorised transfers from the bank’s general ledger into personal accounts.
The anti-graft agency alleged that between January and December 2025, Akujobi fraudulently transferred N109,325,566.86 from the bank’s general ledger into an Access Bank account linked to the names Chinonso A., Uchechi A. and Florence A.
The commission said the alleged act contravenes Sections 280 and 287 of the Criminal Law of Lagos State, 2015.
Akujobi pleaded not guilty to all the charges when they were read in court.
Following the plea, prosecution counsel, S.M. Yabo, asked the court to fix a date for trial and remand the defendant pending the hearing 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 the defendant be remanded at the Ikoyi Correctional Centre pending further proceedings.
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