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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KATSINA GOVT AND LABOUR UNIONS REACHED AN AGREEMENT TO IMPLEMENT A NEW MINIMUM WAGE OF N70K STARTING DECEMBER 2024.(PHOTO)

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 The Katsina State Government and labor unions have reached an agreement to implement a new minimum wage of N70,000 starting December 2024.


The consensus was reached after nine hours of intense negotiations. Speaking after the meeting, Secretary to the State Government, Abdullahi Faskari, described the agreement as a "landmark decision" that balanced workers' demands with the government's financial capacity.


Faskari said the discussions aimed to ensure the wage policy is both sustainable and responsive to the economic realities faced by the state’s workforce.


#minimumwage #katsinastate #RadioNigeria

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