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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GOV. SANWO-OLU MEETS LEKKI-IKOYI LINK BRIDGE STAKEHOLDERS. (PHOTO).#PRESS RELEASE.

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SANWO-OLU MEETS LEKKI-IKOYI LINK BRIDGE STAKEHOLDERS

As part of the consultations on the return of tolling to the Ikoyi Link Bridge, Governor Babajide Sanwo-Olu has met with the stakeholders.

At the meeting, which took place at Lagos House, Marina, on Sunday, were leaders of the Lekki Residents Association (LERA) and Lekki Residents and Stakeholders Association (LERSA). On the government’s side were, besides Mr. Governor, Attorney-General and Commissioner for Justice Moyosore Onigbanjo SAN, Commissioner for Transportation Frédéric Oladeinde, Commissioner for Information and Strategy Gbenga Omotoso, LCC Managing Director, Yomi Omomuwasan and LCC Board member Obafemi George.

Also at the meeting were President of LERSA, Olorogun James Emadoye, Vice President of LERSA, Arc. O.P.A. Ladega, Financial Secretary, LERSA, Mr. Keji Olajide, Director of Stakeholders Engagements, LERSA, Mrs. Chika Allison-Idalah, Chairman of Infrastructure Committee, LERSA, Alhaji Sulyman Bello, Chairman of Lekki Phase 1 Estate Residents Association (LERA), Mr. Yomi Idowu, Mr. Sony Irabor (LERA), Mr. Demola Folarin (LERA), Mr. Seni Adio (LERA), Mrs. Eniola (LERA), and Mr. Paul Kogoro (LERA).

The guests explained their position on the matter and demanded some concessions. Mr. Sanwo-Olu agreed to make some concessions after showing evidence of LCC’s financial situation and why tolling should resume at the plaza.  

The LCC management will soon be announcing details of the concessions, following Mr Governor’s directive.

Gbenga Omotoso

HC, I&S
 

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