EFCC ARRAIGNS ONE FOR N700M FRAUD IN LAGOS . (PHOTO).#PRESS RELEASE

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 EFCC Arraigns One for  N700m Fraud in Lagos  The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Friday, September 4, 2026, arraigned Osaretin Osagiede before Justice Olukayode Ogunjobi of the Lagos State High Court sitting in Ikeja,  over an alleged N700 million fraud. Osagiede is standing trial on a three-count charge bordering on unauthorised access to computer material and receiving stolen property to the tune of N700 million.  Count one reads: “That you Osaretin Osagiede and Zacharia Lorshe (at large), between March, 2025 and January 2026, in Lagos, within the jurisdiction of this Honourable Court, intentionally caused the Ravenpay user accounts' two-factor authentication (2FA) method to be bypassed, with the intent to secure unauthorised access to the bank's data and committed an offence contrary to Section 387 of the Criminal Law of Lagos State 2011. Another counts reads: “That you Osaretin Osagiede and Zacharia Lorshe...
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"IT IS ONE THING TO FIGHT FOR YOUR SELF INTERESTS WHATEVER REASON, IT'S ANOTHER THING TO DO THAT AT THE COST OF YOUR OWN PEOPLE."- DANIEL REGHA (SOCIAL MEDIA COMMENTATOR/INFLUENCER.). (PHOTO).

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 "It is one thing to fight for your self interests  whatever reason, it's another thing to do that at the cost of your own people."-  Daniel Regha (Social media commentator/influencer.)


The Igbos have been disrespected many times under the Tinubu led-regime, from appointees making and amplifying insensitive comments, to the entire South-East being arguably marginalised. This is why people are annoyed with the likes of Obi Cubana, Chief Priest, Zenco, and co, pledging support. It's one thing to fight for your self-interests for whatever reason, it's another to do that at the cost of your very own people. 


These people don't speak up when Igbos raise awareness about anything happening in the SE to begin with, nor have they used their wealth, influence, or platforms to elevate the youths of their land. 


Now buses worth millions can be donated push Tinubu's campaign, but millions of Igbo youths are struggling to make ends meet.


And how can you go about publicly supporting a govt that have made the lives of Nigerians incredibly hard? Ridiculous."

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