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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SOUTH SUDAN DISMISSES PRESIDENT KIIR'S DEATH RUMOURS. (PHOTO).

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 South Sudan dismisses President Kiir's death rumours


South Sudan's government on Thursday denied that President Salva Kiir had died, following online speculation.


The long-serving 73-year-old leader has recently been dogged by rumours of ill-health.


But he has been pictured in recent months meeting visiting dignitaries and ordering a series of dramatic government reshuffles.


He has also moved decisively against his long-time rival, and the current first vice-president, Riek Machar, placing him under house arrest and detaining several of his allies.


‘Irresponsible rumours’


Late Wednesday, reports began emerging on social media claiming that Kiir had, in the words of one Kenyan personality, "kicked the bucket", TRT Afrika reported.


South Sudan's foreign ministry issued a statement the following day, saying it "categorically and strongly denies the false and malicious reports circulating on social media claiming that His Excellency President Salva Kiir Mayardit has passed away".


The posts were "entirely baseless and irresponsible rumours fabricated by enemies of peace, development, nation building and stability", it added.


It comes as South Sudan faces another bout of insecurity, with clashes between forces aligned with Kiir and Machar breaking out in several areas around the country, raising fears of renewed civil war.

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