A former employee of a major commercial bank, Chinonso Akujobi, was arraigned on Thursday before Justice I.O. Ijelu of the Lagos State High Court in Ikeja, facing a five-count charge for the alleged theft of N294,595,992.
The Economic and Financial Crimes Commission (EFCC), through its Lagos Zonal Directorate, brought the defendant to court following investigations into financial discrepancies linked to her tenure at the bank. The prosecution alleges that between January and December 2025, Akujobi engaged in unauthorized financial activities while employed at Access Bank Plc.
According to the charge sheet, the defendant purportedly manipulated the bank’s general ledger to facilitate illicit transfers. Specifically, one of the counts alleges that she converted N109,325,566.86 into her personal accounts—registered under the names Chinonso A., Uchechi A., and Florence A.—for her own use. These actions are described as contrary to Section 280 and punishable under Section 287 of the Criminal Law of Lagos State, 2015.
Upon the reading of the charges, Akujobi entered a plea of “not guilty.”
Following the plea, the prosecution counsel, S.M. Yabo, requested that the court fix a date for trial and moved for the remand of the defendant. Justice Ijelu granted the request, ordering that Akujobi be remanded at the Ikoyi Correctional Centre.
The court has adjourned the matter until October 8, 2026, when it is expected to hear the defendant’s bail application and formally commence the trial proceedings.
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