The Moment Nigeria
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport
No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport
No Result
View All Result
The Moment Nigeria
No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport

N2.7bn Fraud: Court jails former banker 39 years

by Honesty Victor
October 27, 2026
Reading Time: 1 min read
N2.7bn Fraud: Court jails former banker 39 years
Share on FacebookShare on TwitterShare on WhatsappShare on LinkedIn

Justice O.O. Abike-Fadipe of the Special Offences Court sitting in Ikeja, Lagos, on Tuesday, October 27, 2026, has sentenced a former banker, Christopher Jackson Edeh, to a total of 39 years’ imprisonment for his involvement in an N2.7 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 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.

RELATED STORIES

Alleged N76bn, $31.5m fraud: Witness reveals how Kuru approved Arik Air receivership without prior AMCON board approval

Alleged N76bn, $31.5m fraud: Witness reveals how Kuru approved Arik Air receivership without prior AMCON board approval

October 27, 2026
Lagos teacher sentenced to life imprisonment for defiling 8-year-old pupil

Bizman charged over alleged N673.7m rent fraud

October 27, 2026

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, on its part, 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 the 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.

Next Post
Alleged N76bn, $31.5m fraud: Witness reveals how Kuru approved Arik Air receivership without prior AMCON board approval

Alleged N76bn, $31.5m fraud: Witness reveals how Kuru approved Arik Air receivership without prior AMCON board approval

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

STANBIC IBTC ADVERT

About Us

Themomentng.com is an online community of reporters and social advocates dedicated to bringing you features, news reports by Africans, but from a global perspective.

Contact Us

+447771081433
+2348051966180(WhatsApp/SMS Only)
Email: themomentng@gmail.com

Categories

  • Business
  • Education
  • Entertainment
  • Events
  • Featured
  • Food
  • Foreign
  • Health
  • Interviews
  • Life and Styles
  • Metro
  • Motoring
  • News
  • Opinion
  • Politics
  • Religion
  • Society
  • Sport
  • Technology
  • Top Story

Follow Us

Facebook Twitter Instagram

Copyright © Themomentng.com. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport