Former Banker Sentenced to 39 Years for N2.7bn Fraud

Christopher Jackson Edeh, a former banker, has been sentenced to a total of 39 years’ imprisonment for his role in a N2.7 billion fraud. The fraud involved the alteration of bank account details belonging to customers and government-related entities.

Justice O.O. Abike-Fadipe of the Special Offences Court in Ikeja, Lagos, delivered the sentence on October 27, 2026, after Edeh was found guilty of nine counts, including fraudulent false accounting and unauthorized access to a computer system.

Edeh was arraigned on February 28, 2024, by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC). The charges included alterations to accounts linked to 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.

The prosecution, led by Z.B. Atiku, presented three witnesses, while the defense called one.

Justice Abike-Fadipe concluded that the prosecution proved its case beyond reasonable doubt, sentencing Edeh to five years for counts one to seven and two years for counts eight and nine, with all sentences running concurrently.