HomeMetroCrimeEFCC ARRESTS LAGOS BANKER OVER ALLEGED ₦294.5 MILLION CUSTOMER ACCOUNT FRAUD

EFCC ARRESTS LAGOS BANKER OVER ALLEGED ₦294.5 MILLION CUSTOMER ACCOUNT FRAUD

The Economic and Financial Crimes Commission (EFCC) has arraigned a former Access Bank employee, Chinonso Akujobi, over allegations of diverting approximately ₦294.5 million from customers’ accounts.

Akujobi appeared before Justice I.O. Ijelu of the Lagos State High Court in Ikeja, where he was charged on five counts related to the alleged theft of funds while working at the financial institution.

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According to the EFCC, the defendant allegedly misappropriated a total of ₦294,595,992 through unauthorized transactions carried out during his employment with the bank.

The anti-graft agency alleged that between January and December 2025, Akujobi unlawfully transferred over ₦109.3 million from the bank’s general ledger into his personal Access Bank account without authorization.

Investigators also alleged that part of the funds was moved into accounts belonging to individuals identified as Chinonso A., Uchechi A., and Florence A.

The defendant pleaded not guilty to all the charges brought against him.

Following his plea, the prosecution requested that the court fix a date for trial and remand him in custody pending the hearing.

Justice I.O. Ijelu subsequently adjourned the case 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.

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