African giant online payment service provider Flutterwave is on the verge of getting back its “dirty” Sh6.6 billion, as President William Ruto’s administration continues to drop money laundering and card fraud cases against Nigerian fin-tech companies.
The Asset Recovery Agency (ARA) says it plans to drop the suit against Flutterwave, which will become the sixth company to have its case terminated by the organisation since Dr Ruto became president late last year.
The amount returned to Nigerian fin-techs will rise to Sh12 billion, from the current figure of Sh5.8 billion.
African giant online payment service provider Flutterwave is on the verge of getting back its “dirty” Sh6.6 billion, as President William Ruto’s administration continues to drop money laundering and card fraud cases against Nigerian fin-tech companies.
The Asset Recovery Agency (ARA) says it plans to drop the suit against Flutterwave, which will become the sixth company to have its case terminated by the organisation since Dr Ruto became president late last year.
