The Economic and Financial Crimes Commission (EFCC) has arraigned a former employee of Access Bank Plc, Chinonso Akujobi, over the alleged theft of N294,595,992 from the financial institution.
Akujobi was brought before Justice I.O. Ijelu of the Lagos State High Court sitting in Ikeja on Thursday by the Lagos Zonal Directorate 2 of the anti-graft agency.
The defendant is facing a five-count charge bordering on the alleged theft of N294.6 million while employed by the bank.
According to the EFCC, Akujobi allegedly diverted funds through unauthorised transfers from the bank’s general ledger into personal Access Bank accounts.
One of the charges alleges that between January and December 2025, the defendant, while serving as an employee of Access Bank Plc, dishonestly converted N109,325,566.86 to personal use through unauthorised payments into Access Bank account number 0036668871 and other accounts bearing the names Chinonso A., Uchechi A. and Florence A.
The anti-graft agency told the court that the alleged act constituted an offence of stealing contrary to Section 280 and punishable under Section 287 of the Criminal Law of Lagos State, 2015.
Akujobi pleaded not guilty to all five counts after they were read in court.
Following the plea, prosecuting counsel, S.M. Yabo, requested the court to fix a trial date and urged that the defendant be remanded in a correctional facility pending the determination of the case.
Justice Ijelu subsequently adjourned the matter until October 8, 2026, for the hearing of the bail application and the commencement of trial.
The court also ordered that the defendant be remanded at the Ikoyi Correctional Centre pending further proceedings.
