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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IBRAHIMA KONATE JOINS REAL MADRID: MOURINHO'S THIRD SIGNING SIGNALS STRATEGIC BERNABÉU SHIFT. (PHOTO).

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 Ibrahima Konate Joins Real Madrid: Mourinho's Third Signing Signals Strategic Bernabéu Shift


Real Madrid has officially confirmed the blockbuster signing of defender Ibrahima Konate, who is set to join the LaLiga giants this July once his contract with Liverpool expires. The French international has penned a four-year deal at the iconic Bernabéu Stadium, marking a significant statement as Jose Mourinho’s third acquisition since returning for his second spell in charge.


Konate's Journey from Anfield to the Bernabéu


Konate's departure from Anfield comes after he failed to reach an agreement on a new contract with Liverpool. The commanding centre-back had previously announced his intention to leave the Reds this summer, concluding a five-year stint that began with his move from RB Leipzig in 2021. During his time at Liverpool, Konate made 183 appearances, playing a crucial role in securing a Premier League title, an FA Cup, and two League Cups, leaving a decorated legacy before embarking on his new chapter in Spain.


Mourinho's Masterstroke: A Rapid Recruitment Drive


Despite the ongoing World Cup, Jose Mourinho has wasted no time in reshaping his Real Madrid squad. Konate's arrival on a free transfer follows closely on the heels of another high-profile free agent, Bernardo Silva, and the £51.8 million capture of Marc Cucurella from Chelsea. This trio represents Mourinho's immediate impact on the transfer market, showcasing a swift and decisive approach to strengthening the team.


Adding further depth, newly re-elected president Florentino Perez has reportedly lined up the £17 million signing of experienced right-back Denzel Dumfries from Inter Milan, indicating a comprehensive overhaul is well underway.


Experience Over Youth: A Definitive Policy Shift


The signings of Konate (27), Silva (31), Cucurella (27), and the anticipated arrival of Dumfries (30) clearly illustrate a profound shift in Real Madrid's transfer strategy. The traditional focus on acquiring young players with future potential appears to have been recalibrated, now prioritizing seasoned professionals who are ready to make an immediate impact on the first team.


This new philosophy is particularly evident with Cucurella, who becomes the first player over the age of 25 to be signed by Real Madrid for a transfer fee exceeding £2 million since the summer of 2019, when Eden Hazard joined from Chelsea in a deal well north of £100 million. This strategic pivot highlights a clear intent from Mourinho and the club hierarchy to inject immediate quality and experience into the squad, setting the stage for a compelling new era at the Bernabéu.

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