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EFCC Arraigns Access Bank Ex-Employee for Alleged N294.5 Million Theft

A former employee of Access Bank Plc, Chinonso Akujobi, has been arraigned by the Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission (EFCC) over the alleged theft of N294,595,992.

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

According to the EFCC, the defendant allegedly diverted funds from the bank’s general ledger into personal Access Bank accounts between January and December 2025.

One of the charges alleged that Akujobi fraudulently transferred N109,325,566.86 into accounts bearing the names Chinonso A., Uchechi A., and Florence A., in violation of Sections 280 and 287 of the Criminal Law of Lagos State, 2015.

The defendant pleaded not guilty to all the charges.

Following the plea, prosecution counsel S.M. Yabo urged the court to remand the defendant in a correctional facility and fix a date for trial.

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 Akujobi be remanded at the Ikoyi Correctional Centre pending further proceedings.

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Akinlade I. WAHAB is a dedicated journalist and the proprietor of I-WAHAB Media. He embarked on his career at Murhi International TV (MiTV) and subsequently joined Radio Nigeria as a Judicial Correspondent.With a profound interest in legal reporting, he currently holds the positions of Chairman at the National Association of Judicial Correspondents (NAJUC), Ikeja Branch, and Chairman at the Nigeria Union of Journalists (NUJ), Radio Nigeria Chapel.As the owner of I-WAHAB Media, he has successfully established Top Court News, a platform renowned for providing comprehensive coverage of court cases and legal developments, with the aim of promoting transparency within the judicial system.Akinlade's diligent work and unwavering commitment to ethical reporting have earned him immense respect within the Nigerian journalism community.

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