N2.7bn fraud: Court sentences former banker to 39 years imprisonment

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 complete of 39 years’ imprisonment for his involvement in a 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, confronted 9 counts bordering on fraudulent  accounting and unauthorised entry to a pc system.

The fees alleged that he altered the checking account particulars of a number of clients and government-related entities, together with 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 known as three witnesses and tendered a number of paperwork in proof to ascertain the case towards the defendant. The defence, on its half, known as one witness.

In her judgment, Justice Abike-Fadipe held that the prosecution had proved its case past affordable doubt and consequently convicted Edeh on the 9 counts.

The courtroom sentenced him to 5 years imprisonment with out an possibility of nice on every of counts one to seven, bordering on fraudulent false accounting, and two years’ imprisonment with out an possibility of nice on every of counts eight and 9, referring to unauthorised entry to a pc system with intent to facilitate the fee of crimes.

The courtroom ordered that every one the sentences run concurrently.