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 N294,595,992.
Akujobi was arraigned on Thursday by the Lagos Zonal Directorate 2 of the EFCC before Justice I.O. Ijelu on a five-count charge bordering on alleged stealing and unlawful conversion of bank funds.
According to the EFCC, the defendant allegedly diverted a total of N294.6 million while working with the bank through unauthorized transfers from the bank’s general ledger into accounts linked to her.
One of the charges alleged that between January and December 2025, Akujobi fraudulently transferred N109,325,566.86 from the bank’s general ledger into Access Bank accounts bearing the names Chinonso A., Uchechi A., and Florence A., contrary to Sections 280 and 287 of the Criminal Law of Lagos State, 2015.
The defendant pleaded not guilty to all five charges when they were read in court.
Following the plea, the prosecution counsel, S.M. Yabo, requested a trial date and urged the court to remand the defendant 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 commencement of trial.
The court also ordered that Akujobi be remanded at the Ikoyi Correctional Centre pending further proceedings.