The Economic and Financial Crimes Commission (EFCC) has arraigned a former staff member of Access Bank, Chinonso Akujobi, over the alleged theft of N294.5 million from customers’ accounts in Lagos.

Akujobi was brought before Justice I.O. Ijelu of the Lagos State High Court sitting in Ikeja on Thursday by the EFCC’s Lagos Zonal Directorate 2 on a five-count charge bordering on theft.

According to the anti-graft agency, the defendant allegedly diverted a total sum of N294,595,992 while employed by the bank.

One of the charges stated that between January and December 2025, Akujobi, “with dishonest intent and while under the employment of Access Bank Plc, stole and converted for personal use, through unauthorised payments from the bank’s general ledger into your Access Bank account, the sum of N109,325,566.86.”

The EFCC further alleged that the diverted funds were transferred into accounts bearing the names Chinonso A., Uchechi A., and Florence A.

The defendant, however, pleaded not guilty to all five counts.

Following the plea, the prosecution counsel, S.M. Yabo, urged the court to fix a date for trial and to remand the defendant in a correctional facility pending trial.

Justice 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 the defendant be remanded at the Ikoyi Correctional Centre pending further proceedings.