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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INDEPENDENT NATIONAL ELECTORAL COMMISSION . (PHOTO). #PRESS RELEASE

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 INDEPENDENT NATIONAL ELECTORAL COMMISSION 


PRESS RELEASE


Our attention has been drawn to a fake news narrative circulated by a section of the social media claiming the purported death of the INEC Chairman, Prof. Mahmood Yakubu at a London hospital. The story first appeared on Monday, 9th December 2024.


We hereby appeal to the public to disregard the rumour. Prof. Yakubu is alive, hale and hearty. In fact, he has not travelled to London in the last two years. He was present at an interactive meeting with the House of Representatives Committee on Electoral Matters on Wednesday, 11th December 2024. He also chaired the Commission’s meeting with Resident Electoral Commissioners on Thursday, 12th December 2024. Both events were widely covered on television and reported on the front pages of most newspapers yesterday, Friday 13th December 2024.


The public may recall that mischief-makers on the social media carried a similar fake story in 2021. Three years later, they are spreading the same rumour again.  


Those who indulge in this practice, as well as those who spread it, should be mindful of its effect not only on the individual but also the wider society.


The Commission will continue to work with genuine media professionals to combat the scourge of fake news and the danger it poses to society.


Mr. Rotimi Oyekanmi

Chief Press Secretary to the Chairman, INEC

Saturday 14th December 2024.

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