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...

MCLAREN SIGN 13-YEAR OLD NIGERIAN BOY TO SUPPORT HIM THROUGH JUNIOR CATEGORIES.{PHOTO}.#CONGRATULATIONS.

 

McLaren have signed 13-year-old Nigerian-American karter, Ugo Ugochukwu, to a long-term deal to support his development through motorsport's junior categories.

The Formula 1 team said the agreement gives them an option to sign Ugochukwu to a race deal in the future,.
“We've been watching Ugo's progress with interest, so when the opportunity to sign an agreement with him became available, we had no hesitation moving on it. Now we'll focus on giving Ugo the right support when he needs it to help him fulfil his potential,” McLaren chief executive, Zak Brown, was quoted as saying.
.Ugochukwu, whose mother is Nigerian and father American, won last year's FIA OK Junior European championship, and has graduated to the senior class this season. He has won a host of titles since he began karting in 2013 and last year won the FIA OKJ European Championship.
“I'm honoured to be signed by such an iconic team as McLaren Racing so early in my career. To have the support of McLaren is fantastic and what any young driver dreams of. I'm focused right now on developing as a driver and racer, so having McLaren by my side can only help me on and off the track,” Ugo said.

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