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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THIRD VICTIM CONFIRMED DEAD IN AUSTIN MASS SHOOTING. (PHOTO).

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 Third victim confirmed dead in Austin mass shooting

AUSTIN, TEXAS - Authorities confirmed Monday night that a third victim has died from injuries sustained in the early Sunday morning mass shooting in downtown Austin.

The deceased were identified as 24-year-old Savitha Shan, 22-year-old Ryder Harrington, and 30-year-old Jorge Pederson. Harrington, a Texas Tech University student, was remembered by his fraternity for his energy, joy, and welcoming nature. University of Texas officials confirmed Shan’s full name as Savitha Shanmugasundaram, noting she was a graduate of LASA High School.

Two other victims remain hospitalized in critical condition, Austin Police Chief Lisa Davis said during a Monday news conference. “It’s a complicated and large crime scene,” Davis added, emphasizing that the investigation is still in its early stages.

University of Texas President Jim Davis addressed the loss of Shan in a letter to the campus community. “A child of loving parents. A loyal friend to many. A Longhorn preparing to change the world. It is devastating, and all of us are grieved by this horrible news,” he wrote, noting that other students injured in the attack are recovering.

Police said the shooter, 53-year-old Ndiaga Diagne, legally purchased the guns used in the attack in San Antonio in 2017. Diagne was wearing a sweatshirt reading “Property of Allah” and a T-shirt featuring an Iranian flag when officers fatally shot him at the scene.

Acting FBI Special Agent Alex Doran said authorities are still working to determine Diagne’s motive. “We don’t want to speculate or make any guesses at this point,” he said, adding that the suspect had not previously been on law enforcement’s radar. Doran noted that investigators were reviewing potential indicators found in Diagne’s vehicle and other evidence, but no conclusions have been drawn.

Chief Davis also urged law enforcement and the public in major cities to remain vigilant, saying, “Everybody better be on heightened alert.” Police plan to release body-camera footage of the incident on Thursday.


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