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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UNMANNED AERIAL VEHICLE VIDEO CLIP NOT PART OF NIGERIAN MILITARY’S INVENTORY.{PHOTO}.#PRESS RELEASE.

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No photo description available.
   The attention of the Nigerian Army has been drawn to a video clip-containing photograph of an alleged Unmanned Aerial Vehicle (UAV) bought by the Nigerian military. The clip was produced, uploaded by Njenje Media TV on its YouTube channel, and circulated through whatsApp and other social media platforms. In it, they showed a photograph of group of persons with the equipment, which they compared it to those ostensibly, owned by other nations including some of our African neighbours. This is far from the truth. Therefore, it should be disregarded in its entirety.
Apart from questioning the motive of this mischievous falsehood, it is imperative to state that the Nigerian military has far more sophisticated UAV and equipment than what the medium is broadcasting. This account for the tremendous success in the fight against terrorism, insurgency and banditry in the country. It will be recalled that the Nigerian Air Force has designed and produced far more superior and sophisticated UAVs and other platforms such as “Gulma” and “Tsaigumi” than what the medium was showing. Additionally, the Nigerian Army has just commissioned an aviation hangar in Jaji, Kaduna State for its Aviation Corps. Another hangar and runway in Bama, Borno State, are on the way where bigger and far more sophisticated UAVs will be deployed and used.
It is important to also state that the African countries mentioned in the clip are not in anyway compared to Nigeria in military technology, equipment and platforms as they do not have UAVs as alleged, rather an American military base on their soil.
SAGIR MUSA
Colonel
Acting Director Army Public Relations
No photo description available.

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