Ex-Banker Jailed 39 Years Over N2.7bn Fraud

A former banker, Christopher Jackson Edeh, has been sentenced to a complete of 39 years’ imprisonment for his involvement in a N2.7 billion fraud involving the alteration of checking account particulars belonging to prospects and government-related entities.

Justice O.O. Abike-Fadipe of the Special Offences Court sitting in Ikeja, Lagos, handed down the sentence on Tuesday, October 27, 2026, after discovering Edeh responsible of 9 counts bordering on fraudulent false accounting and unauthorised entry to a pc system.

Edeh was arraigned on February 28, 2024, by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC).

The costs alleged that he fraudulently altered account particulars belonging to a number of prospects and entities, together with the Kano State Government Power Intervention Fund, NNPC Trading (*39*), Stallion Vision Ltd, the Lagos State Government Blue Line, the State Contributory Pension Account and Chukwuemeka Odumegwu Ojukwu University.

During the trial, prosecuting counsel, Z.B. Atiku, referred to as three witnesses and tendered a number of paperwork to determine the case in opposition to the defendant. The defence referred to as one witness.

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

The choose sentenced him to 5 years’ imprisonment with out an possibility of high-quality on every of counts one to seven, which bordered on fraudulent false accounting.

For counts eight and 9, referring to unauthorised entry to a pc system with intent to facilitate the fee of crimes, the court docket sentenced him to 2 years’ imprisonment with out an possibility of high-quality on every rely.

The court docket, nonetheless, ordered that each one the sentences run concurrently, that means Edeh will serve them on the identical time slightly than consecutively.