Close Menu
    What's Hot

    Alleged ₦76bn, $31.5m Fraud: Witness Says Kuru Approved Arik Air Receivership Without Prior AMCON Board Approval

    October 28, 2026

    ₦2.7bn Fraud: Court Jails Former Banker for 39 Years

    October 28, 2026

    Sting Operation at Applewood Estate and Matters Arising

    October 27, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram
    KokoCurrent
    • Get In Touch
    Facebook X (Twitter) Instagram Pinterest
    • Business
    • Celebrities
    • Crime & Justice
    • Economy
    • Energy
    • Entertainment
    • Health
    Subscribe
    KokoCurrent
    Home»EFCC»₦2.7bn Fraud: Court Jails Former Banker for 39 Years
    EFCC

    ₦2.7bn Fraud: Court Jails Former Banker for 39 Years

    Staff EditorBy Staff EditorOctober 28, 2026No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link

    Justice O. O. Abike-Fadipe of the Special Offences Court sitting in Ikeja, Lagos, on Tuesday, October 27, 2026, sentenced a former banker, Christopher Jackson Edeh, to a total of 39 years’ imprisonment for his involvement in a ₦2.7 billion fraud prosecuted by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC).

    Edeh, who was arraigned on February 28, 2024, faced nine counts bordering on fraudulent false accounting and unauthorised access to a computer system.

    The charges alleged that he altered the bank account details of several customers and government-related entities, including the Kano State Government Power Intervention Fund, NNPC Trading Limited, Stallion Vision Ltd, the Lagos State Government Blue Line, the State Contributory Pension Account and Chukwuemeka Odumegwu Ojukwu University, with intent to defraud.

    During the trial, prosecuting counsel, Z. B. Atiku, called three witnesses and tendered several documents in evidence to establish the case against the defendant. The defence, in turn, called one witness.

    In her judgment, Justice Abike-Fadipe held that the prosecution had proved its case beyond reasonable doubt and consequently convicted Edeh on all nine counts.

    The court sentenced him to five years’ imprisonment without an option of fine on each of counts one to seven, bordering on fraudulent false accounting, and two years’ imprisonment without an option of fine on each of counts eight and nine, relating to unauthorised access to a computer system with intent to facilitate the commission of crimes.

    The court ordered that all the sentences run concurrently.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleSting Operation at Applewood Estate and Matters Arising
    Next Article Alleged ₦76bn, $31.5m Fraud: Witness Says Kuru Approved Arik Air Receivership Without Prior AMCON Board Approval
    Staff Editor
    • Website

    Related Posts

    Judiciary

    Alleged ₦76bn, $31.5m Fraud: Witness Says Kuru Approved Arik Air Receivership Without Prior AMCON Board Approval

    By Staff EditorOctober 28, 2026
    EFCC

    Sting Operation at Applewood Estate and Matters Arising

    By Staff EditorOctober 27, 2026
    EFCC

    Bello’s ₦110.4bn Trial: EFCC Traces Kogi LG Funds to Company Linked to Adaudu

    By Staff EditorOctober 27, 2026
    EFCC

    EFCC Witness: Arik Air Owed No Debt to Union Bank, Receivership Was Fraudulent

    By Staff EditorOctober 26, 2026
    EFCC

    Olukoyede Now a Fellow of MINILS

    By Staff EditorOctober 23, 2026
    Judiciary

    KC Luxury Arrives in Court in Ambulance, Seeks Medical Bail

    By Staff EditorOctober 23, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks
    Latest Posts

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Don't Miss

    Alleged ₦76bn, $31.5m Fraud: Witness Says Kuru Approved Arik Air Receivership Without Prior AMCON Board Approval

    By Staff EditorOctober 28, 2026

    The trial of a former Managing Director and Chief Executive Officer of the Asset Management…

    ₦2.7bn Fraud: Court Jails Former Banker for 39 Years

    October 28, 2026

    Sting Operation at Applewood Estate and Matters Arising

    October 27, 2026

    Bello’s ₦110.4bn Trial: EFCC Traces Kogi LG Funds to Company Linked to Adaudu

    October 27, 2026
    Demo
    Top Posts

    EFCC secures conviction of ex-legislative aide over N120.5m employment scam.

    September 26, 2025

    Nigeria approves plan to refinance ₦4tn power-sector debt

    August 14, 2025

    Tinubu sets 7% annual growth target by 2027

    August 14, 2025

    Owo church massacre: Five suspects arraigned in Abuja

    August 11, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us

    Lorem ipsum dolor sit amet, consectetur adipiscing elit. Integer vehicula vitae risus nec consequat. Cras nec auctor lectus, non tristique massa.

    Facebook X (Twitter) Pinterest YouTube WhatsApp
    Our Picks

    Alleged ₦76bn, $31.5m Fraud: Witness Says Kuru Approved Arik Air Receivership Without Prior AMCON Board Approval

    October 28, 2026

    ₦2.7bn Fraud: Court Jails Former Banker for 39 Years

    October 28, 2026

    Sting Operation at Applewood Estate and Matters Arising

    October 27, 2026
    Most Popular

    EFCC secures conviction of ex-legislative aide over N120.5m employment scam.

    September 26, 2025

    Nigeria approves plan to refinance ₦4tn power-sector debt

    August 14, 2025

    Tinubu sets 7% annual growth target by 2027

    August 14, 2025
    Facebook X (Twitter) Instagram
    • TOS
    • Disclaimer
    • Privacy Policy
    © 2026 KokoCurrent.

    Type above and press Enter to search. Press Esc to cancel.