A former staff member of Access Bank Plc, Chinonso Akujobi, has been arraigned by the Economic and Financial Crimes Commission (EFCC) before the Lagos State High Court sitting in Ikeja over the alleged theft of N294,595,992.
Akujobi was arraigned on Thursday, July 9, 2026, before Justice I.O. Ijelu on a five-count charge bordering on stealing and the alleged diversion of bank funds.
According to the EFCC, the defendant allegedly stole and converted bank funds for personal use through unauthorised payments from the bank’s general ledger into an Access Bank account linked to the names Chinonso A., Uchechi A. and Florence A.
One of the charges alleged that between January and December 2025, while employed by Access Bank Plc, Akujobi dishonestly diverted N109,325,566.86 into the account without authorisation, contrary to the Criminal Law of Lagos State, 2015.
The defendant pleaded not guilty to all the 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 the commencement of trial.
The court also ordered that the defendant be remanded at the Ikoyi Correctional Centre pending further proceedings