ALLEGED $1.5M FRAUD: WITNESS TELLS COURT FUNDS CAME INTO DEFENDANT’S ACCOUNT IN MULTIPLE TRANCHES. (PHOTO). #PRESS RELEASE
Alleged $1.5m Fraud: Witness Tells Court Funds Came into Defendant’s Account in Multiple Tranches The Economic and Financial Crimes Commission (EFCC) on Monday, June 29, 2026, presented its third prosecution witness (PW3), Levi Amanda Opice, a Compliance Officer with Guaranty Trust Bank (GTBank), in the ongoing trial of Ifoma Immanuel before Justice Mojisola Dada of the Lagos State Special Offences Court, Ikeja, over an alleged $1.5 million fraud. Immanuel is standing trial alongside his company, Intermediate Investment Holdings Limited, on a two-count charge bordering on obtaining money by false pretence and forgery involving the sum of $1.5 million. According to the EFCC, investigations revealed that the defendant allegedly induced Adebisi Adebutu of R28 Holdings Limited to invest $1.5 million by claiming that the funds would be used to finance projects linked to Chappal Petroleum Development Company Limited, Intermediate Investment Holdings Limited, and Chappal Ener...
Today tuesday December the 16,2014,Copyright Society of Nigerian,popularly known as Coson,distributed royalties to over 2000 musician round Nigeria.The annual Extral Ordinary General meeting was held at the Lagos Airport Hotel Ikeja,and old and upcoming musicians like Majek Fashek,Pa Ajilo,Kenny Saint Brown etc,attended the meeting.Though music artist was expecting more than the usual they collect because of all the billionaire suite Coson has won because most of the organizations prefer to settle out of court.Tony Okoroji,the head of Coson,explained that why the money is not as much as music artist expected these year is because,more musicians registered under Coson and that caused the money not to be as much as we musicians expected.More photos below. 








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