EFCC ARRAIGNS INTERMEDIATE INVESTMENT HOLDINGS BOSS, UFOMA IMMANUEL FOR ALLEGED $1.5M INVESTMENT FRAUD IN LAGOS. (PHOTO). #PRESS RELEASE.

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 EFCC Arraigns Intermediate Investment Holdings Boss, Ufoma Immanuel for Alleged $1.5m Investment Fraud in Lagos The Economic and Financial Crimes Commission, EFCC, on Wednesday, March 11, 2026, arraigned one Ufoma Joseph Immanuel for an alleged $1.5m fraud before Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos.  Immanuel, alongside his company, Intermediate Investment Holdings Ltd., was arraigned on a two-count charge bordering on obtaining by false pretence and forgery. Count one reads: “UFOMA JOSEPH IMMANUEL and INTERMEDIATE INVESTMENT HOLDINGS LIMITED between April 2022 and October 2023 in Lagos,  within the jurisdiction of this Honourable Court, with intent to defraud, induced Adebisi Adebut of R28 Holdings Limited to deposit the total sum of S1, 500, 000.00 (One Million, five Hundred Thousand United States Dollars USD) as investment described as to wit: "Cash and or Capital Cost in Chappal Petroleum Development Company Limited; Business D...
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INEC WILL TOMORROW,BRING OUT BALLOT PAPERS FOR SATURDAY POLLS,FROM ALL CBN VAULTS.

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                According to the Chief Press Secretary to the Independent National Electoral Commission {INEC} Chairman,Mr Kayode Idowu said ''On Wednesday {tomorrow},ballot papers for this saturday's Presidential and National Assembly Elections will be moved from the Central Bank Vaults.All the non sentitive materials have been distributed while the ballot papers have been kept in the vaults of the CBN branches across the country.The Ballot papers for the different positions and locations had been customised in such a way that it would be difficult to be faked by anybody''.The Chairman of  INEC,Prof Attahiru Jega has also revealed that about 56.7 million voter cards had been collected.In a stakeholders meeting hosted by Jega on tuesday,Prof Jega said that the card collected represented about 82% of the registered electorate by the close of distribution ahead of the March 28 election.

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