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...

EDO POLICE DEBUNKS FALSE KIDNAP OF STUDENTS, ARREST SOURCE OF FALSE ALARM, REAFFIRMS SECURITY OF SCHOOLS ACROSS THE STATE. (PHOTO). #PRESS RELEASE.


 PRESS RELEASE


EDO POLICE DEBUNKS FALSE KIDNAP OF STUDENTS, ARREST SOURCE OF FALSE ALARM, REAFFIRMS SECURITY OF SCHOOLS ACROSS THE STATE


The Edo State Police Command has identified one Ernest Ugbomoiko, male, 42 years, of Afuze Community, as the individual responsible for originating and circulating the false information alleging that bandits and kidnappers had abducted school children in parts of Edo State, including Afuze, Ehor, Otuo, Agbede and Igueben.


The Command wishes to state unequivocally that the report is false, misleading and capable of causing unnecessary panic among residents. There was no incident of school children being kidnapped in the mentioned areas or any other part of Edo state.


The Commissioner of Police, Edo State Command, CP Monday Agbonika, fdc, wishes to reassure the public that the deployment of security personnel to schools and other vulnerable locations across the state was not in response to this false report. Nevertheless, these deployments which were part of proactive policing strategies have been intensified throughout the state, on the directives of the Commissioner of Police.


Parents, guardians, school administrators and students are therefore advised to go about their lawful activities without fear, as adequate security measures remain in place to guarantee their safety.


The Command warns that individuals who deliberately spread false information capable of threatening public peace, undermining security operations or causing public disorder will be investigated and prosecuted in accordance with the law.


Members of the public are encouraged to verify security-related information through official channels before sharing such reports.


ASP ENO IKOEDEM,

POLICE PUBLIC RELATIONS OFFICER,

EDO STATE COMMAND.


18th June, 2026.

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