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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LASG COMMENCES SIX-WEEK TRAFFIC DIVERSION AT IYANA OWORONSHOKI/ADENIJI ADELE AXIS TODAY.(PHOTO).#PRESS RELEASE

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As earlier announced by the Lagos State Government, traffic flow along Iyana-Oworonshoki inwards Adeniji Adele section of the Third Mainland Bridge has been diverted and the section closed to vehicular movement for repairs today, 9th January, 2024 for six weeks.


Speaking at the diversion point, the Commissioner for Transportation, Mr. Oluwaseun Osiyemi disclosed that 250 Traffic Management Personnel have been deployed to the axis to minimise inconvenience and ensure hitch-free movement for Motorists.

In addition, the Commissioner stated that the Federal Ministry of Works, Federal Road Safety Corps and the Nigerian Police Force are in collaboration to ensure safety, security and sanity during the repairs.


Mr. Osiyemi appealed to Motorists to adhere to the traffic management plan rolled out by the State Government, adding that the road projects are for the benefit of all Lagosians.


Earlier, the Federal Controller of Works, Mrs. Olukorede Keisha also explained that the Adeniji Adele bound lane will be opened to traffic from 12:00 am to 12:00 noon after which it will be closed to vehicular movement and Motorists inbound Island will be diverted to Eko Bridge via Ikorodu Road.

Others present at the diversion point are the Lagos State Commissioner of Police, Fayoade Adegoke; the Federal Road Safety Corps Lagos Sector Commander, Babatunde Farinloye; General Manager, LASTMA, Mr. Bakare Oki-Olalekan; several State Officials and Law Enforcement Officials.

 

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