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Former Access Bank Employee Docked for Alleged N294.5m Fraud

by Tropic Reporters
July 9, 2026
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Former Access Bank Employee Docked for Alleged N294.5m Fraud
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A former employee of Access Bank Plc, Chinonso Akujobi, has been arraigned by the Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission (EFCC) before the Lagos State High Court in Ikeja over an alleged theft of N294,595,992.

The anti-graft agency disclosed in a statement on Thursday that Akujobi was brought before Justice I.O. Ijelu on a five count charge bordering on alleged stealing of funds while in the employment of the bank.

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According to the EFCC, one of the charges alleged that the defendant, between January and December 2025, fraudulently diverted funds from the bank’s general ledger into personal accounts.

The charge reads: “That you, Chinonso Akujobi, sometime between January and December, 2025, in Lagos, within the jurisdiction of this Honourable Court, with a dishonest intent, and while under the employment of Access Bank Plc, stole and converted for your own use, by unauthorized payments from the general ledger of the bank to your Access Bank account number 0036668871 with the name Chinonso A., Uchechi A. and Florence A, the sum of N109,325,566.86… thereby committed an offence of stealing.”

Akujobi pleaded not guilty to all five counts when they were read in court.

Following the plea, prosecution counsel, S.M. Yabo, urged the court to fix a date for trial and requested that the defendant be remanded in a correctional facility pending the hearing 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 judge also ordered that the defendant be remanded at the Ikoyi Correctional Centre pending further proceedings.

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