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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JAMB ANNOUNCES COMMENCEMENT OF 2025 DIRECT ENTRY FORM SALES. (PHOTO).

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The Joint Admissions and Matriculation Board (JAMB) has announced that the sale of 2025 Direct Entry (DE) forms will commence on Wednesday, March 12. This announcement was made by JAMB's spokesman, Fabian Benjamin, in a statement released on Monday.


According to Benjamin, the registration process is crucial for individuals who possess degrees, diplomas, or A-level certificates and wish to advance their education at their preferred universities. The initiation of the DE sales follows the successful conclusion of the Unified Tertiary Matriculation Examination (UTME) application sales, which ended on Saturday, March 8, 2025.


During the UTME application sales period, JAMB recorded a total of 2,030,627 registrations for the 2025 UTME, along with 200,115 for the Mock-UTME and 630 applications for the trial mock.


The board emphasized the importance of adhering to all entry requirements, warning applicants that serious penalties would be imposed on applications containing false declarations. A special committee will verify all submitted advanced-level qualifications, and any fraudulent results will lead to prosecution.


Institutions are also encouraged to directly verify certificates before considering admissions. Registration for the DE forms can only be done at JAMB Professional Registration Centre (PRC).

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