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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NASA AND INDIA CREATE SATELLITE TO MAP EARTH WITH CENTIMETER PRECISION. (PHOTO).

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 NASA and India create satellite to map Earth with centimeter precision

NASA and India are set to launch a satellite on Wednesday from India’s southeastern coast that will map Earth’s surface with centimeter-level accuracy. The Indian Space Research Organization will launch the rocket from the Satish Dhawan Space Center at 5:40 p.m. local time, according to a NASA news release. NASA will broadcast the launch starting at 7 a.m. EDT on Wednesday from its Jet Propulsion Laboratory in Southern California via YouTube.

The satellite, roughly the size of a pickup truck, will orbit Earth 14 times daily, scanning nearly all land and ice twice every 12 days. It is the first satellite to use a dual-radar system combining L-band and S-band frequencies, known as the NASA-ISRO Synthetic Aperture Radar (NISAR). This technology enables 3D mapping of Earth’s surface, allowing scientists to measure changes with high precision. The satellite’s radar can penetrate clouds and light rain, operating day and night, which will enhance monitoring of earthquake zones, landslides, and glacial ice changes, especially in Antarctica. The data will aid disaster preparedness for hurricanes, floods, and volcanic eruptions, as well as improve understanding of natural hazards and support infrastructure and agriculture monitoring. Managed by Caltech’s JPL, the U.S. team developed key components like the L-band radar and antenna, while NASA’s Goddard Space Flight Center will receive the data for further analysis.


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