The Economic and Financial Crimes Commission (EFCC) has arraigned a former employee of a new generation bank, Chinonso Akujobi, before the Lagos State High Court sitting in Ikeja over the alleged theft of N294.6 million.
Akujobi was arraigned on Thursday by the Lagos Zonal Directorate 2 of the anti-graft agency before Justice I. O. Ijelu on a five-count charge bordering on stealing.
According to the EFCC, the defendant allegedly stole a total of N294,595,992 while in the employment of Access Bank Plc.
The Commission alleged in one of the charges that between January and December 2025, Akujobi dishonestly converted bank funds to personal use by making unauthorised payments from the bank’s general ledger into an Access Bank account bearing the names “Chinonso A., Uchechi A. and Florence A.”
The prosecution alleged that the unauthorised transfers amounted to N109,325,566.86 and were made through Access Bank account number 0036668871.
The EFCC said the alleged offence contravenes Sections 280 and 287 of the Criminal Law of Lagos State, 2015.
When the charges were read in court, the defendant pleaded not guilty to all five counts.
Following the plea, prosecution counsel, S. M. Yabo, requested the court to fix a date for trial and asked 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 defendant’s bail application and the commencement of trial.
The court also ordered that Akujobi be remanded at the Ikoyi Correctional Centre pending further proceedings.
