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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BILL TO MAKE VOTING COMPULSORY FOR NIGERIANS PASSES SECOND READING IN REPS. (PHOTO)

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 Bill to make voting compulsory for Nigerians passes second reading in Reps


A Bill for an Act to Amend the Electoral Act, 2002 to make it mandatory for Nigerians of Maturity Age to Vote in all National and State Elections has scaled second reading in the House of Representatives.


The proposed legislation was sponsored by the Speaker, Tajudeen Abbas, and Daniel Asama Ago. Leading the debate during plenary on Thursday, Ago said the bill aimed to encourage citizens’ participation in the electoral process, noting that voter apathy during elections would be addressed if the bill scales legislative scrutiny.


Ago, who represents Bassa/Jos North under the Labour Party, believes mandatory voting can reduce the influence of vote buying. The Deputy Speaker, Benjamin Kalu, in his contribution believes this is a good step in the right direction. He also cited examples of other countries such as Australia where the practice is upheld.


Some lawmakers argued that citizens have lost confidence in the voting system, and also question the authenticity of the voters register. Similarly, a bill for an Act to amend the Labour Act, to increase the Maternity Leave period of working women to six months has been stepped down in the House of Representatives.

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