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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ECOWAS STATEMENT ON THE REPUBLIC OF BENIN ECOWAS. (PHOTO). #PRESS RELEASE

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 ECOWAS STATEMENT ON THE REPUBLIC OF BENIN ECOWAS 

Commission has received with consternation reports of an attempted military take-over in the Republic of Benin. ECOWAS strongly condemns this unconstitutional move that represents a subversion of the will of the people of Benin. ECOWAS calls for the full respect of the Constitution of Benin and salutes the efforts of the Government and the Republican Army in bringing the situation under control. ECOWAS holds the leaders of the plot both individually and collectively responsable for any loss to life and property occasioned by their action. ECOWAS will support the Government and the people in all forms necessary, including the deployment of the regional standby force, to defend the Constitution and the territorial integrity of Benin. Abuja, 07th December, 2025. 

ECOWAS Commission

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