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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PRESIDENT BUHARI PAYS TRIBUTE TO CAPTAIN ADETUNJI ORIMOLOYE, PIONEER PILOT, AS HE EXITS AT 89.{PHOTO}.#PRESS RELEASE.

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President Muhammadu Buhari lauds one of the pioneer pilots in Nigerian aviation, Captain Rufus Adetunji Orimoloye, who has taken his ‘last flight,’ aged 89. 

The President salutes the many decades of commitment to the aviation sector by the departed, who trained as a pilot between 1954 and 1956 in the United Kingdom, and then returned home to ply his trade, first with West African Airways, and later Nigerian Airways for 26 years.

President Buhari recalls that Captain Orimoloye flew with the Presidential Fleet, and was also Chief Flight Instructor and Director at Zaria Flight School between 1986 and 1988.

He says the contributions of the departed will remain evergreen in the annals of the aviation industry in the country, a fact already attested to by his being bestowed with the MFR National Honour in 2009, and also the 50th Anniversary Award of International Civil Aviation Organization(ICAO).

The President prays that the Odofin Ayedun of Akure will rest well, while seeking God’s comfort for all those who mourn him.

Femi Adesina

Special Adviser to the President

(Media and Publicity)

August 15, 2021

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