The Economic and Financial Crimes Commission in Nigeria has declared Ufoma Joseph Immanuel, the Managing Director and Chief Executive Officer of the indigenous oil firm Chappal Energies, wanted in connection with an alleged fraud and forgery case.
The anti-graft agency issued a public notice on Wednesday, requesting information from the general public regarding the whereabouts of the 46-year-old executive.
The EFCC statement specified that Immanuel is sought for an alleged case of obtaining money by false pretence and forgery.
Immanuel, an indigene of Edo state, is a well-known figure in Nigeria’s oil and gas sector. He is a founding partner of Chappal Petroleum Development Company, an ESG-focused entity established to generate value from distressed upstream opportunities in the Niger Delta.
His professional profile includes serving as the former head of Corporate Finance and Strategy at Eroton Exploration and Production, where he oversaw major logistics and financing operations for the OML 18 Joint Venture.
His status as a wanted person came shortly after a major corporate transaction involving his company collapsed.
In September, an $860 million asset divestment deal between TotalEnergies and Chappal Energies was terminated after Chappal reportedly failed to meet critical financial obligations tied to the acquisition.
The EFCC’s notice identifies Immanuel’s last known address as 77, Nelson Mandela Street, Maitama, Abuja.
The EFCC has urged members of the public with credible information that could lead to his arrest to contact any of its zonal offices nationwide, or use the EFCC’s official hotline or email address.
The suspect remains innocent until proven guilty in a court of law.
