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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FUBARA DENIES PROMISING TO PAY N80,000 MINIMUM WAGE. (PHOTO).

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 Fubara denies promising to pay N80,000 minimum wage


Rivers State Governor, Siminalayi Fubara, has denied proposing to pay a minimum wage of N80,000 to workers in the state and local government areas.


The denial came following reports circulating online that the governor had promised to pay the said sum.


But his Chief Press Secretary, Nelson Chukwudi, in a statement issued in Port Harcourt, the state capital, on Friday described the report as unverified claims.


The statement read,, “The attention of the Rivers State Government has been drawn to claims circulating in an online media that the Governor of Rivers State, Sir Siminalayi Fubara,, has proposed to pay a new minimum wage of N80,000 for civil servants in the dtate and local government areas.


“Ordinarily, we would not have responded to this fake news, but for the wrong impression it would create in the minds of the public, especially civil servants in the state.


“Therefore, it is important to state that the unverified claims being circulated by Newsweekng.com, and titled: ‘Breaking News: Governor Fubara Proposes N80,000 minimum wage’ are totally false and misleading.


“The general public, and particularly civil servants in the state, are advised to discountenance the false claims in the online media platform. The Rivers State Government will make its position on the issue known in due course.”

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