The Economic and Financial Crimes Commission (EFCC) has arraigned a former staff member of a new generation bank, Chinonso Akujobi, before the Lagos State High Court in Ikeja over an alleged theft of N294,595,992.
Akujobi was arraigned on Thursday by the Lagos Zonal Directorate 2 of the EFCC before Justice I.O. Ijelu on a five-count charge bordering on alleged stealing.
According to the anti-graft agency, the defendant allegedly stole and converted part of the funds for personal use through unauthorised payments from the bank’s general ledger into Access Bank accounts bearing the names Chinonso A., Uchechi A. and Florence A.
The EFCC alleged that the transactions were carried out between January and December 2025 while the defendant was an employee of Access Bank Plc.
One of the charges alleged that Akujobi dishonestly converted N109,325,566.86 from the bank’s general ledger into a personal Access Bank account, an offence said to be contrary to Section 280 and punishable under Section 287 of the Criminal Law of Lagos State, 2015.
The defendant pleaded not guilty to the charges.
Following the plea, prosecution counsel, S.M. Yabo, asked the court for a trial date and urged the court to remand the defendant in a correctional facility.
Justice Ijelu adjourned the matter until October 8, 2026, for the hearing of the bail application and commencement of trial.
The court also ordered that the defendant be remanded at the Ikoyi Correctional Centre pending further proceedings.
