A viral video questioning the operations of an online investment platform, AACL Ever Trading, has drawn attention to alleged financial transactions involving another company, FW Sing Glory Trading HK Limited, and individuals whose connections to the businesses have not been independently established.
The allegations were raised by US-based Nigerian commentator Ikenga Uruagu, who questioned the platform's investment offers, its purported financial arrangements and the identities of people he mentioned in connection with the transactions.
According to Uruagu, AACL Ever Trading attracted prospective investors through social media advertisements promoting discounted stock investment opportunities and foreign currency conversion arrangements.
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He alleged that some investors subsequently encountered difficulties withdrawing their funds, prompting questions about the platform's operations and the movement of money involving FW Sing Glory Trading HK Limited.
The commentator named Lucia Nwanze Okafor, identified in the video as Global Head of Operations at Flutterwave, alongside Adepetu Owolabi Clement and Ifeoluwa Tobi Orioke, in connection with alleged banking arrangements involving FW Sing Glory Trading HK Limited.
However, the claims have not been independently verified, and the mention of the individuals does not establish that they participated in any wrongdoing or had direct dealings with AACL Ever Trading.
Uruagu also suggested a connection between FW Sing Glory Trading HK Limited and Flutterwave, an African financial technology company founded in 2016 that provides payment services to businesses and customers.
However, no verified corporate documents establishing an ownership, operational or contractual relationship between the two companies were provided in the material containing the allegations.
There is also no independently established evidence that Flutterwave owned or operated AACL Ever Trading, authorised its investment offers or was involved in any alleged irregularities.
The claims have therefore raised questions that would require documentary evidence and independent investigation, particularly concerning the ownership of the companies, the authenticity of the purported banking records and the nature of any financial arrangements between them.
The alleged difficulties investors experienced in withdrawing funds also remain unverified in the information available.
As of the time of this report, no responses from Okafor, Flutterwave, Adepetu Owolabi Clement, Ifeoluwa Tobi Orioke or FW Sing Glory Trading HK Limited had been provided.
The allegations remain unsubstantiated and should not be treated as findings of financial misconduct against any of the individuals or organisations mentioned.
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