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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SIT-AT-HOME ENFORCEMENT: ANAMBRA DEDUCTS FEBRUARY SALARIES FROM WORKERS ABSENT ON MONDAYS. (PHOTO).

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The Anambra State Government has begun slashing February salaries of civil servants who failed to report for work on Mondays that were previously observed as sit-at-home days linked to separatist activities in the South-East. 


The state introduced a pro-rata salary payment policy, effective February 2026, requiring workers to attend work every Monday, with attendance confirmed via clock-in / clock-out records — to receive full pay. Under the new rule, anyone absent without verifiable attendance evidence faced deductions from their monthly wages. 


At the Jerome Udoji State Secretariat in Awka, several civil servants expressed shock after receiving their February salary alerts showing massive deductions that they say did not match the number of Mondays missed. 


One worker said a colleague received only ₦10,000 after cuts,

Another said out of a monthly ₦80,000+ salary, he received just ₦3,500. 


Affected staff described the deductions as excessive and irregular, suggesting possible errors in computation. Some workers who missed only one or two Mondays complained that their pay was reduced far more than expected. 


Responding to the controversy, Dr. Law Mefor, Anambra’s Commissioner for Information, confirmed that the salary cuts are punitive measures for failure to attend work on Mondays. He reiterated that attendance must be properly logged in order for staff to qualify for full pay. 


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