A former employee of Access Bank Plc, Chinonso Akujobi, has been remanded at the Ikoyi Correctional Centre after being arraigned by the Economic and Financial Crimes Commission (EFCC) over the alleged theft of N294,595,992.
Akujobi appeared before Justice I.O. Ijelu of the Lagos State High Court in Ikeja on Thursday, facing a five-count charge bordering on alleged stealing.
According to the EFCC, the defendant allegedly diverted the funds while employed by Access Bank in 2025. The anti-graft agency told the court that between January and December 2025,
Akujobi allegedly transferred N109,325,566.86 from the bank’s general ledger into an Access Bank account reportedly linked to him and bearing the names Chinonso A., Uchechi A. and Florence A.
The EFCC further alleged that the total amount involved in the case is N294,595,992, adding that the alleged offences contravene Section 280 and are punishable under Section 287 of the Criminal Law of Lagos State, 2015.
Akujobi pleaded not guilty to all five charges when they were read before the court.
Following his plea, the prosecution counsel, S.M. Yabo, urged the court to remand the defendant in a correctional facility and fix a date for trial.
Justice I.O. 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.
