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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‘IF PETER OBI DOES NOT MAKE UP HIS MIND, ATIKU WILL PICK AMAECHI AS RUNNING MATE’-DELE MOMODU. (PHOTO).

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 ‘If Peter Obi Does Not Make Up His Mind, Atiku Will Pick Amaechi As Running Mate’-Dele Momodu


Former Vice President, Atiku Abubakar’s bloc within the African Democratic Party (ADC) has begun searching for a southern politician to serve as his running mate in the 2027 presidential election.


According to Sunday Punch, the bloc had narrowed its focus to Peter Obi, the 2023 Labour Party candidate.


There are indications that if Obi declines the offer, Atiku would consider former Rivers State governor, Rotimi Amaechi.


Speaking with Punch, Atiku’s political friend, veteran journalist Dele Momodu, publicly urged Obi to join Atiku in forming a strong opposition pact to dislodge the ruling party.


Momodu described Atiku and Obi as the two figures capable of delivering the strongest alliance Nigeria has seen since the 2019 election.


Recall that Atiku and Obi previously ran on the joint People’s Democratic Party (PDP) ticket in 2019, but lost to then-incumbent President Muhammadu Buhari.


Momodu expressed frustration over what he described as public pushback from Obi’s supporters, whom he blamed for the reluctance to finalise the prospective match-up ahead of 2027.


“I have said this to Peter Obi. We have met several times at my houses in Lagos and Ghana. If Peter Obi does not take advantage of a ready-made union between him and Atiku, it would be very unfortunate. It would be as good as working for Tinubu to come back.”


Warning that delay could cost Obi a significant political opportunity, Momodu said Atiku may settle for Amaechi as his running mate.

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