EFCC ARRAIGNS INTERMEDIATE INVESTMENT HOLDINGS BOSS, UFOMA IMMANUEL FOR ALLEGED $1.5M INVESTMENT FRAUD IN LAGOS. (PHOTO). #PRESS RELEASE.

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 EFCC Arraigns Intermediate Investment Holdings Boss, Ufoma Immanuel for Alleged $1.5m Investment Fraud in Lagos The Economic and Financial Crimes Commission, EFCC, on Wednesday, March 11, 2026, arraigned one Ufoma Joseph Immanuel for an alleged $1.5m fraud before Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos.  Immanuel, alongside his company, Intermediate Investment Holdings Ltd., was arraigned on a two-count charge bordering on obtaining by false pretence and forgery. Count one reads: “UFOMA JOSEPH IMMANUEL and INTERMEDIATE INVESTMENT HOLDINGS LIMITED between April 2022 and October 2023 in Lagos,  within the jurisdiction of this Honourable Court, with intent to defraud, induced Adebisi Adebut of R28 Holdings Limited to deposit the total sum of S1, 500, 000.00 (One Million, five Hundred Thousand United States Dollars USD) as investment described as to wit: "Cash and or Capital Cost in Chappal Petroleum Development Company Limited; Business D...
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BENUE: NULLIFICATION OF PURPORTED CHIEFTAINCY TITLES CONFERRED BY THE IGEDE TRADITIONAL COUNCIL. (PHOTO).

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 BENUE: NULLIFICATION OF PURPORTED CHIEFTAINCY TITLES CONFERRED BY THE IGEDE TRADITIONAL COUNCIL


8th September, 2025   


Pursuant to the powers conferred on me by the Benue State Chieftaincy Law of 2016 (as amended), Part II Section 7(d), in line with the recognized authority of the Idoma Area Traditional Council (IATC) as the supreme traditional institution within Idoma land, notice is hereby given as follows:


That the purported conferment of chieftaincy titles by the Igede Traditional Council on 6th September, 2025, is in direct violation of the Declaration of the Idoma Area Traditional Council dated 2nd September, 2025, duly signed by Mr. Adegbe Uloko, Secretary of the Council, on behalf of His Royal Majesty, Agaba Idu, Dr. Elaigwu Odogbo John, Och’Idoma V, President, Idoma Area Traditional Council (IATC), and Vice Chairman, Benue State Council of Chiefs.


That such conferments are null, void, and of no legal, customary, or traditional effect.


That the Idoma Area Traditional Council remains the legally constituted and government-recognized traditional authority over the Idoma nation, and any acts contrary to its directives constitute a breach of extant law.


That the general public, government institutions, and traditional stakeholders are hereby notified and directed to disregard the said conferments and accord them no recognition whatsoever.


This pronouncement is made to safeguard the integrity of traditional institutions in Benue State, to uphold due process, and to maintain peace, unity, and order within the Idoma Area Traditional Council.


Secretary, Idoma Area Traditional Council

On behalf of:

His Royal Majesty,

Agaba Idu Dr. Elaigwu Odogbo John, CON

President, Idoma Area Traditional Council &

Vice Chairman, Benue State Council of Traditional Rulers.

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