Court Jails Former Banker 39 Years Over N2.7bn Fraud Case
Lagos, Nigeria—October 27, 2026—A former banker, Christopher Jackson Edeh, has been sentenced to a total of 39 years’ imprisonment by a Lagos court for his role in a N2.7 billion fraud.
Justice O.O. Abike-Fadipe of the Special Offences Court in Ikeja delivered the judgment on Tuesday in a case prosecuted by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC).
Charges and Allegations
Edeh was arraigned on February 28, 2024, on nine counts bordering on fraudulent accounting and unauthorized access to a computer system.
The charges alleged that he altered the bank account details of several customers and government-related entities with intent to defraud.
The affected entities included 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.
Trial and Conviction
During the trial, prosecuting counsel Z.B. Atiku called three witnesses and tendered several documents to establish the case. The defence called one witness.
In her judgment, Justice Abike-Fadipe held that the prosecution had proved its case beyond reasonable doubt and 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 (fraudulent false accounting) and two years’ imprisonment without an option of fine on each of counts eight and nine (unauthorized access to a computer system with intent to facilitate crimes).
All the sentences were ordered to run concurrently.
The conviction forms part of the EFCC’s ongoing efforts to tackle financial crimes involving banking sector fraud and unauthorized access to financial systems.
This report is based on the official statement released by the Economic and Financial Crimes Commission on October 27, 2026.
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