Ufoma Immanuel EFCC case unfolds as the anti-graft agency declares the Chappal Energies CEO wanted for alleged financial misconduct
The Ufoma Immanuel EFCC case has captured national attention after the Economic and Financial Crimes Commission declared the Chappal Energies chief executive wanted for alleged obtaining money by false pretence and forgery.
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According to a statement released on Wednesday, the EFCC identified Ufoma Immanuel, 46, an Edo State indigene, as a suspect whose last known address was 77 Nelson Mandela Street, Maitama, Abuja.
The anti-graft agency urged members of the public with credible information to report to any of its offices nationwide or contact its hotline and email.
Immanuel, who was appointed managing director of Chappal Energies in January 2021, co-founded the energy company to focus on ESG-compliant, independent upstream oil projects in Nigeria’s Niger Delta.
He was formerly head of corporate finance and strategy at Eroton Exploration and Production.
The high-profile case comes after Chappal Energies failed to meet critical obligations in an $860 million divestment deal with TotalEnergies in September, resulting in the collapse of the agreement.
The EFCC’s move underscores the growing scrutiny of financial governance in Nigeria’s energy sector.
With security and public interest already high, the Ufoma Immanuel EFCC case is expected to remain a headline-grabbing story as investigations progress.
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Observers describe it as a pivotal moment for accountability and transparency in Nigeria’s corporate landscape.
David Okere is a journalist and contributor to Freelanews.com, covering business, governance, public affairs, and human-interest stories with a commitment to accuracy, balance, and public interest reporting.
