ADVERTISEMENT
  • Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, September 18, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Kenya Drops Financial Impropriety Case Against Flutterwave

by Leadership News
3 years ago
in Business
flutterwave
Share on WhatsAppShare on FacebookShare on XTelegram

The Kenyan government has withdrawn charges of financial impropriety against Flutterwave, an Africa-focused financial technology firm.

Advertisement

According to Bloomberg, the withdrawal of the charges was contained in a Kenyan high court document and verified by Robert Gitau, a lawyer representing Flutterwave.

In July 2022, the court restricted access to Sh6.2 billion ($59.2 million) in 62 bank accounts belonging to Flutterwave and some other firms over allegations of card fraud and money laundering.

Two months after, the Kenyan court froze an additional sum of $3.3 million belonging to the financial technology firm.

Flutterwave Debunks Money Laundering Allegations In Kenya

Related News

Italian Luxury Brand Angelo Galasso Unveils Exclusive Collection At The Delborough Lagos

7 hours ago

How To Win Up To $100 Million? Your Guide To The World’s Biggest Lotteries

10 hours ago

Flutterwave had denied the allegations, saying it had the necessary records to prove its innocence.

“Claims of financial improprieties involving the company in Kenya are entirely false, and we have the records to verify this,” the company had said.

“We are a financial technology company that maintains the highest regulatory standards in our operations.”

Patrick Njoroge, Kenyan central bank governor, had also said Flutterwave was not licensed to operate in the east African country.

The news agency said Alice Mate, director in charge of the Assets Recovery Agency (ARA) which filed the case, did not immediately respond to a request for comment sent after official hours on Friday, while a representative of Flutterwave declined to comment when contacted.

 

Join Our WhatsApp Channel

Tags: Flutterwave
SendShare10173Tweet6358Share

Other News Updates

Business

Italian Luxury Brand Angelo Galasso Unveils Exclusive Collection At The Delborough Lagos

2025/09/18
Business

How To Win Up To $100 Million? Your Guide To The World’s Biggest Lotteries

2025/09/18
Business

Government Spends N330bn On Social Safety Nets In 9 Months

2025/09/18
Business

Stock Market Lifted By N309bn In Single Day Trading

2025/09/18
Business

RMAFC Advocates Diversification For Economic Growth

2025/09/18
Business

Expert Champions Ethical Procurement, Sustainable Growth

2025/09/18
Leadership Conference advertisement

LATEST

Haaland Scores Landmark Goal As City Beat 10-man Napoli In Champions League

Rashford Scores Twice As Barca Beat Newcastle In Champions League Opener

Court Martial Sentences Soldier To Death For Murder

2025 Budget: N’Assembly Seeks Withdrawal Of Contract Circulars

Fubara’s Whereabout Unknown Day After Reinstatement

Wike Defends Midnight Meeting With Fubara Over Rivers Election

Emergencies: ONSA Leads Simulation Exercise To Test National Response Preparedness

Wike Assures Of Non-interference In Fubara’s Choice Of Cabinet

Kwara Government Relocates NYSC Camp Over Insecurity

Sports Reform At Heart Of Nigeria’s 2030 Games Bid ¬— Presidency

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.