Court Remands Former Access Bank Employee In Ikoyi Prison Over Alleged N294.5million Fraud

According to the EFCC, the defendant allegedly stole a total of N294,595,992 through unauthorized transfers while working at the bank in 2025.

The Economic and Financial Crimes Commission (EFCC) has arraigned a former staff member of Access Bank Plc, Chinonso Akujobi, before the Lagos State High Court in Ikeja over the alleged theft of N294.5million belonging to the bank.

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 and alleged unauthorized diversion of bank funds.

According to the EFCC, the defendant allegedly stole a total of N294,595,992 through unauthorized transfers while working at the bank in 2025.

One of the charges alleged that between January and December 2025, Akujobi, while in the employment of Access Bank Plc, dishonestly converted bank funds to personal accounts through unauthorised payments from the bank's general ledger.