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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PRESIDENT TINUBU CONGRATULATES FORMER VICE PRESIDENT NAMADI SAMBO ON HIS TURBANING AS SARDAUNAN ZAZZAU . (PHOTO). #PRESS RELEASE

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 STATEHOUSE PRESS RELEASE


PRESIDENT TINUBU CONGRATULATES FORMER VICE PRESIDENT NAMADI SAMBO ON HIS TURBANING AS SARDAUNAN ZAZZAU

 

President Bola Ahmed Tinubu rejoices with the former Vice President Namadi Sambo on his turbaning as the Sardaunan Zazzau by His Royal Highness, the Emir of Zazzau, Alhaji Ahmed Nuhu Bamalli, on Saturday, October 11.

 

President Tinubu notes that the title of Sardaunan Zazzau—a position of great cultural and historical significance in Northern Nigeria—reflects the Emirate's confidence in the former Vice President's wisdom, integrity, and commitment to society's progress.

 

The President describes the honour as a recognition of Sambo's exemplary leadership and contributions to national development.

 

The President acknowledges Sambo's record of humility, statesmanship and dedication to humanity, noting that his well-deserved investiture as Sardaunan Zazzau further underscores his deep-rooted service to his community and the nation.

 

President Tinubu also commends the Emir of Zazzau for upholding the noble tradition of honouring individuals whose character, leadership, and patriotism embody the Emirate's values and reflect the spirit of unity, service, and integrity.

 

While wishing the former Vice President success in his new traditional role, President Tinubu urges him to continue inspiring and guiding the younger generation, and to work closely with traditional and community leaders to advance peace and development in the country.

 

Bayo Onanuga

Special Adviser to the President

(Information & Strategy)

October 10, 2025.

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