ALLEGED $1.5M FRAUD: WITNESS TELLS COURT FUNDS CAME INTO DEFENDANT’S ACCOUNT IN MULTIPLE TRANCHES. (PHOTO). #PRESS RELEASE

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 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...
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SOME JAMB CANDIDATES,PROTESTED & THREW STONES TODAY AT THE LAGOS ASSEMBLY

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                       Some students who wrote the last Unified Tertiary Matriculation Examination {UTME},stormed the Lagos State House of Assembly today tuesday to protest the alleged maltreatment by the Joint Admissions and Matriculation Board {JAMB} in the examination.These angry youths threw stones at the security gate and the personnel manning the gate in the Assembly to vent their anger after waiting for hours without being attended to by the lawmakers.Some of the students,who were angered by the failure of the speaker or any lawmaker in the Assembly to attend to them in time were molested and arrested by members of the Rapid Response Squad {RRS},who had been mobilised to prevent them from entering the Assembly premises.The students sang solidarity songs to register their anger with the authority of JAMB and the Assembly.The over 200 candidates,who wrote this year's Unified Tertiary Matriculation Examination called for the removal of Prof. Dibu Ojerinde,Director of Joint Admission Matriculation Board {JAMB} over the alleged mismanagement of UTME examination during the protest to the Assembly.One of the affected candidates,Okelola Samson said that he read rigorously for the examination,but that JAMB gave him 170 marks which was against his expectation.According to him,for the past two weeks,JAMB has been sending results that was not in tandem with our expectations.We expect good result but we were disappointed at the management with the series of marks they were sending to our phones.One more photo below.                                                                                                                                            

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