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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GOV. SANWO-OLU APPROVES REDEPLOYMENT OF MR. ADETOLA, MUYIWA JOHN AS NEW STATE ACCOUNTANT-GENERAL. (PHOTO). #PRESS RELEASE.

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 SANWO-OLU APPROVES REDEPLOYMENT OF MR. ADETOLA, MUYIWA JOHN AS NEW STATE ACCOUNTANT-GENERAL


The Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu, has approved the deployment of Mr. Adetola, Muyiwa John, as the new Accountant-General of the State and Permanent Secretary, State Treasury Office (STO).


The redeployment follows the statutory retirement of the outgoing Accountant-General/Permanent Secretary, Dr. Abiodun Muritala.


According to an official circular issued by the Office of the Head of Service, the Governor approved the redeployment of Mr. Adetola from the Office of the State Auditor-General, where he previously served as the State Auditor-General. The redeployment, according to the circular, takes immediate effect from Monday, March 2, 2026.


The Head of Service, Mr. Bode Agoro, while wishing Mr. Adetola success in his new role, urged all stakeholders to accord the circular the necessary publicity and cooperation to ensure a seamless transition.


This strategic redeployment underscores the State Government’s commitment to maintaining efficiency, accountability, and continuity in public financial management. 


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