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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LASG PRESENTS CHEQUES TO OWNERS OF OWORO PROPERTY REMOVED FOR URBAN REGENERATION. (PHOTOS). #PRESS RELEASE.

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 LASG PRESENTS CHEQUES TO OWNERS OF OWORO PROPERTY REMOVED FOR URBAN REGENERATION


The Lagos State Government has presented cheques to 79 Oworo community residents whose properties were removed as part of the state's urban regeneration efforts. 


The ceremony, held at the Palace of Oloworo Kingdom, was supervised by the Lagos State Urban Renewal Agency (LASURA), an agency under the Office of Urban Development (OUD). 


General Manager of LASURA, Tpl. Animashaun Oladimeji Saheed, speaking during the presentation, stated that the government had previously notified affected residents and conducted an enumeration exercise to determine the extent of the compensation. 


He emphasised that the compensation fulfilled the government's promise to support affected property owners. 


Saheed reiterated the government's commitment to its development agenda and engaging with residents and stakeholders to protect citizens' rights. 


The beneficiaries expressed their gratitude, describing it as a welcome relief, and assured the government of their cooperation in the state's development.

More photos below. 













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