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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PHONE-TAPPING EQUIPMENT: ICPC BEING USED AS POLITICAL TOOL – BELLO EL-RUFAI. (PHOTO).

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 Phone-Tapping Equipment: ICPC Being Used As Political Tool – Bello El-Rufai


Mohammed Bello El-Rufai, the lawmaker representing Kaduna North in the House of Representatives and son of former Kaduna State governor Nasir El-Rufai, has accused the Independent Corrupt Practices and Other Related Offences Commission (ICPC) of being deployed as a political instrument against his father.


His remarks followed the commission’s announcement that suspected wiretapping devices were discovered at the former governor’s Abuja residence.


In a statement he personally signed, Bello criticized the anti-graft agency’s actions, alleging that it exceeded its legal mandate and engaged in questionable conduct.


Titled “The Insecurity of ICPC,” the statement described the commission’s public disclosure as a sign of internal inconsistencies and irregularities.


Bello further alleged that the agency appeared to be involved in misconduct similar to the offences it is mandated to investigate, including the purported creation of falsified documents.


He maintained that such actions demonstrate unprofessionalism and suggest that the commission’s credibility has been undermined for political purposes.


The lawmaker also revealed that his legal team has been instructed to challenge what he termed unlawful investigative procedures, disputed documentation, and misleading claims attributed to the ICPC.


He expressed confidence that the judiciary would eventually provide clarity and establish the facts of the matter.


Part of the statement read:

“The ICPC’s publication seems designed to shape public opinion. It contains claims and documentation that fall short of the standards expected of the commission, including the generation of questionable records.


“This trend indicates an abuse of power and points to the agency being swayed from its core mandate for political reasons.


“We will oppose any attempt to subject us to public scrutiny through processes that lack transparency and fairness.”

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