Alleged $1.5m Investment Fraud: Court Remands Ifoma Emmanuel in Kirikiri Correctional Centre

Justice Mojisola Dada of the Lagos State Special Offences Court sitting in Ikeja, on Tuesday, July 7, 2026, ordered the remand of Ifoma Immanuel, Executive Director of Intermediate Investment Holdings Limited, in Kirikiri Correctional Centre for an alleged $1.5 million investment fraud. 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 Energies Mauriti…

No file is held for this record yet. The catalogue entry and the link to where it was published are kept.

Source	EFCC
Collection	Anti-corruption and elections
Kind	Document
Publisher	Economic and Financial Crimes Commission (EFCC)
Date	2026-07-08
Type	press-release
Found at	https://www.efcc.gov.ng/news/alleged-15m-investment-fraud-court-remands-ifoma-emmanuel-in-kirikiri-correctional-centre
Archived copy	Look it up in the Wayback Machine
Record ID	`efcc:news:14164`

Cite this record

Alleged $1.5m Investment Fraud: Court Remands Ifoma Emmanuel in Kirikiri Correctional Centre. EFCC, 2026. Vero Archive, record efcc:news:14164.