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...

EL-RUFAI ALLEGES FRESH ATTEMPT TO ARREST HIM OVER WITNESS INVASION REPORT. (PHOTO).


 El-Rufai Alleges Fresh Attempt To Arrest Him Over Witness Invasion Report


Former Kaduna State Governor, Nasir El-Rufai, has raised alarm over what he described as a fresh attempt to criminalise and re-arrest him following a media report linking him to an alleged invasion of the residence of a prosecution witness in his ongoing corruption trial.


In a statement issued on Sunday by his spokesperson, Muyiwa Adekeye, the former governor reacted to a report published by The Nation on Saturday titled “El-Rufai’s trial: Gunmen invade principal witness’s home.”


According to the report, Mohammed Umar Karage, a principal prosecution witness in one of the corruption cases against El-Rufai at the Kaduna State High Court, alleged that unidentified armed men invaded his residence and linked the incident to his role in the trial.


However, Adekeye dismissed the report as a deliberate attempt to frame El-Rufai, describing it as “targeted framing” aimed at damaging his reputation and justifying his re-arrest.


He said the publication created false insinuations suggesting that El-Rufai was behind the alleged attack, with the intention of jeopardising his pending bail application and implicating him in more serious offences.


“The evident objective is to secure his indefinite detention through these reprehensible tactics,” the statement read.


Adekeye maintained that El-Rufai has no connection whatsoever to the alleged invasion and described him as an upstanding and law-abiding citizen.


He revealed that the former governor has instructed his legal team to commence defamation proceedings over the publication.


El-Rufai, who was reportedly detained in February after honouring an invitation from the Economic and Financial Crimes Commission (EFCC), was later transferred to the custody of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), where he is currently facing corruption charges.


Last Tuesday, the Federal High Court in Kaduna granted him bail in the sum of N200 million with two sureties after he had spent weeks in detention.


The ICPC had arraigned El-Rufai alongside Joel Adoga on multiple corruption charges, including allegations surrounding the unlawful revocation and reallocation of land. Both defendants denied the charges.


Adekeye further alleged that since 2023, El-Rufai has been subjected to a sustained campaign of vilification and political persecution despite what he described as his distinguished record of public service.


He called for respect for the rule of law and urged authorities not to turn legal processes into instruments of oppression.


“The persistent disregard for his rights must cease immediately,” the statement added.

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