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...
An experimental solar-powered plane is seen heading to Egypt on the last leg of its round-the-world trip.The Solar Impulse-2 touched down in Spain,after an unprecedented three-day flight across the Atlantic from New York.It's the first time a solar-powered plane had made such a journey using zero fuel and zero emissions.The aircraft's wings are wider than those of Boeing 7-4-7 and are equipped with 17 thousand solar cells,which power the propellers and charge batteries.At night the plane operates on stored energy.The round-the world trip began in March 2015 in the United Arab Emirates.More photos below. 

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