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,

No file is held for this record yet. The catalogue entry and the link to where it was published are kept.

Source	EFCC
Collection	Anti-corruption and elections
Kind	Document
Publisher	Economic and Financial Crimes Commission (EFCC)
Date	2026-09-07
Type	press-release
Found at	https://www.efcc.gov.ng/news/efcc-arraigns-one-for-n700m-fraud-in-lagos
Archived copy	Look it up in the Wayback Machine
Record ID	`efcc:news:14280`

Cite this record

EFCC Arraigns One for N700m Fraud in Lagos. EFCC, 2026. Vero Archive, record efcc:news:14280.