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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NNEWI ROTATION CRISIS: "THE NNEWI OPPRESSOR SAID THAT IGWE NNEWI IS OVER 100YEARS AND HE IS NOT TALKING SENSE ANYMORE." -JAMES LOUIS OKOYE AKACHAAM.(PHOTO)

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 Nnewi rotation Crisis:

"The Nnewi oppressor said that igwe Nnewi is over 100years and he is not talking sense anymore."..

--James Louis Okoye Akachaam..


It's no longer news that there's a political tension and power tussle in the Ancient town of Nnewi over which of the four villages will be producing the next Mayor of Nnewi North.


The Current Mayor Hon Echezona is clamouring for a second tenure and he's also enjoying the support of major stakeholders in Nnewi,


However, The Traditional Ruler of Nnewi Has written to the governor sometime this week calling on the governor to help Douse the tension in His Community by Allowing Nnewichi who according to a rotational agreement signed by Nzukọ ọra Nnewi in the 90's Reserve the right to produce the Next Nnewi North local chairman..


Mr James Okoye (Ebube Anaedo) who has also been vocal about the present political situation in Nnewi made a post implying that "The Nnewi Oppressor" has interpreted the stance and position of igwe Nnewi as that of an old man who is no longer in his right senses , Ebube Anaedo who is also known As Akachaam did not explicitly describe who this "Nnewi Oppressor" is but a lot of people has already figured out who he might be referring to but it's not me (Admin Nkwelle) that you people will put in trouble.. if you are waiting for me to tell you who he could be referring to as "The Nnewi Oppressor", then y0u must be joking 😃 


Your thoughts?..

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