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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NAF DECIMATES TERRORIST STRONGHOLDS IN SOUTHERN TUMBUNS, MANDARA MOUNTAINS. (PHOTO). #PRESS RELEASE.

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 PRESS RELEASE


NAF DECIMATES TERRORIST STRONGHOLDS IN SOUTHERN TUMBUNS, MANDARA MOUNTAINS


The Nigerian Air Force (NAF), through the Air Component of Operation HADIN KAI, intensified ongoing air offensives against terrorist elements in the North-East with precision air strikes conducted on 19 May 2026 at Bukar Meram in the Southern Tumbuns and Chikide in the Mandara Mountains. Acting on credible intelligence and confirmatory Intelligence, Surveillance and Reconnaissance (ISR) missions, NAF air assets destroyed terrorist logistics hubs, structures and assembly areas concealed within the enclaves, while also neutralising several terrorists and disrupting planned attacks.


Speaking on the operations, the Chief of the Air Staff (CAS), Air Marshal Sunday Kelvin Aneke, reaffirmed the NAF’s commitment to sustaining coordinated joint operations with sister Services and allied partners to eliminate terrorism and restore peace across the country. The CAS stressed that intelligence-driven air operations would continue to identify and destroy terrorist hideouts, logistics networks and operational bases wherever they exist.


Ehimen Ejodame

Air Commodore 

Director of Public Relations and Information,

Headquarters, Nigerian Air Force.


20 May 2026

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