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...

THE ABIA STATE POLICE IS AWARE OF A VIRAL VIDEO CIRCULATING ON SOCIAL MEDIA DEPICTING THE ASSAULT OF A YOUNG LADY AND HER BROTHER BY SOME ARMED MEN AT OKIGWE WHILE THEY WERE REPORTEDLY EN ROUTE TO ABIA STATE UNIVERSITY.(PHOTO). #PRESS RELEASE


 PRESS STATEMENT


The Abia State Police Command is aware of a viral video circulating on social media depicting the assault of a young lady and her brother by some armed men at Okigwe while they were reportedly en route to Abia State University.


While it is important to note that the matter is currently under investigation by the appropriate authorities, the Command considers it necessary to clarify the following:


1. Okigwe is not under the jurisdiction of the Abia State Police Command.

2. The armed men involved are not officers of the Abia State Police Command.

3. Preliminary findings, as well as information from the Divisional Police Officer (DPO) covering the area in Imo State, affirm that the individuals involved are not police officers but members of a community vigilante group. The DPO has visited the scene of the incident, and the suspects have been apprehended. Investigation is ongoing, and we await an official statement from the Imo State Command.


The Commissioner of Police, Abia State Command, CP Wilfred Olutokunbo Afolabi, psc+, mnips, JP, reiterates that officers of the Abia State Police Command remain professional and disciplined in the discharge of their duties. He emphasizes that any officer found wanting in conduct or discipline will not be spared from appropriate disciplinary actions.


The Command further urges members of the public to refrain from spreading misinformation. Abians are advised to verify information from appropriate authorities before posting, liking, or sharing content on social media. The spread of unverified information can create unnecessary tension, erode public trust, and pose a threat to security.


Together, we can keep Abia safe by saying

NO TO MISINFORMATION.


Signed:

DSP Maureen Chioma Chinaka

LLB, anipr, MNISMA

Police Public Relations Officer

Abia State Command

7th September 2026

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