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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BANNON SAYS ‘THERE IS A PLAN’ FOR TRUMP TO SEEK THIRD TERM. (PHOTO).

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 Bannon says ‘there is a plan’ for Trump to seek third term

Stephen K. Bannon, the pro-Trump podcaster and former White House chief strategist who was convicted of fraud in 2022, voiced his support for President Trump potentially seeking a third term, despite the constitutional two-term limit. In an interview with The Economist, Bannon claimed there is “a plan” to navigate around the 22nd Amendment, which bars anyone from being elected president more than twice. He hinted that he is involved in shaping that plan but declined to provide specifics. “Trump is going to be president in ’28, and people ought to just get accommodated with that,” Bannon said, adding that the details will be revealed “at the appropriate time.” He also referred to Trump as an “instrument of divine will,” echoing the president’s own language of elevated purpose.

Bannon’s remarks follow months of Trump publicly entertaining the idea of a third term, which some Republican leaders have dismissed as constitutionally impossible. Trump has long joked about being “president for life,” including circulating edited videos portraying himself as a king. Analysts suggest his musings about a third term may be a strategy to avoid appearing as a lame-duck president. Bannon, who left the White House in 2017 and has not always aligned with Trump, remains influential among far-right circles. He was a key figure in promoting claims that the 2020 election was stolen, and Trump has historically incorporated ideas from Bannon and other right-wing allies after initially distancing himself from them, such as adopting elements of the Project 2025 policy plan.


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