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...

OSHIOMHOLE: ABUJA POLITICIANS THREATENING BLOODBATH IN EDO ARE LIVING IN FOOL'S PARADISE. (PHOTO).


 Oshiomhole: Abuja politicians threatening bloodbath in Edo are living in a fool’s paradise


Adams Oshiomhole, senator representing Edo north, has condemned threats of violence during the state’s governorship election.

Speaking to journalists shortly before casting his vote in Iyamoh Primary School, ward 10 PU1, Etsako West LGA, the former governor said instigators of violence are “living in a fool’s paradise”.

“I am happy, and I pray that the city remains peaceful,” he said. 

“A couple of people have called me, telling me they have started voting. I asked about the environment, and they said it is peaceful. I am very certain that the situation will prevail everywhere as I pray it is going.”

He added that the integrity of the electoral process is more important than the outcome.

He also alleged that an acting national chairman sits pretty in the nation’s capital city of Abuja to issue threats as Edo voters take to polling units. 

“Some people are threatening that they will be violence… one of the acting national chairmen said they are going to do bloodbath and so on. He is in Abuja and he is wishing they could do that kind of thing,” Oshiomhole added.

“By the way these people are conducting themselves, you know that those guys are living in a fool’s paradise.”

On September 14, Godwin Obaseki, governor of Edo, declared the governorship election in the state “a do-or-die affair”.

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