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Kenya Freezes Sh6.2bn Linked To Flutterwave - Business (4) - Nairaland

Nairaland ForumNairaland GeneralBusinessKenya Freezes Sh6.2bn Linked To Flutterwave (30693 Views)

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Re: Kenya Freezes Sh6.2bn Linked To Flutterwave by 417mokolade: 2:12pm On Jul 07, 2022
OmoThe way flutterwave became a top fintech ehn, o never had any idea they could be trailed with this type of controversy.OmoThe way flutterwave became a top fintech ehn, o never had any idea they could be trailed with this type of controversy....
Re: Kenya Freezes Sh6.2bn Linked To Flutterwave by Nobody: 2:16pm On Jul 07, 2022
babslepe:
when it comes to Nigerian businesses in Kenya ,they are a frequent target for Kenya government and officials looking for ways and means to extort or confiscate their money or properties .They dont respect Nigerians one bit
The same way Nigerian government is extorting MTN..lol
Re: Kenya Freezes Sh6.2bn Linked To Flutterwave by Asour: 2:21pm On Jul 07, 2022
9gerian:
Well, Hundeyin is seeking relevance and wouldn’t mind bringing down a great company just to score some journalistic points.

Some of the biggest banks in the world have their issues with varying degrees of corruption, but the erring individuals are dealt with decisively without collapsing the thriving corporation, which would affect too many lives.
It's Very easy for you to dismiss issues raised as 'Customary' to an industry when you are not a victim on the receiving end of Fraud.

I am no supporter of Hundeyin but even the biggest banks you refer to usually face the music when a breach is found. Maybe Flutter wave should do the same. Who knows, they may be innocent.

No one's saying flutterwave should be closed, but if we dismiss all allegations against new firms as 'customary' (Just because we want them to 'last') then chaos would descend on us.
Re: Kenya Freezes Sh6.2bn Linked To Flutterwave by tenpipsperday: 2:30pm On Jul 07, 2022
thebosstrevor1:
What fraud was carried out

Can you explain
I bet he didn;t read jack before rushing to comment. That is their way, nairaland urchins
Re: Kenya Freezes Sh6.2bn Linked To Flutterwave by Theone123: 2:44pm On Jul 07, 2022
9gerian:
Well, Hundeyin is seeking relevance and wouldn’t mind bringing down a great company just to score some journalistic points.

Some of the biggest banks in the world have their issues with varying degrees of corruption, but the erring individuals are dealt with decisively without collapsing the thriving corporation, which would affect too many lives.
When would we call a spade a spade? So because it's thriving, they should keep using it as a front to keep the spoils of those who defraud people on a daily?
Re: Kenya Freezes Sh6.2bn Linked To Flutterwave by kafeii123: 3:06pm On Jul 07, 2022
We have been saying it.... many of these yeye startups are just front for money laundering by politicians. Now that flutterwave is in trouble...just pray that a real opposition party wins the residency and its links to either of Osibanjo and/or El-rufai will be shown...

By the way, the way many naija politicians now wire money through kenya is another thing that will amaze you if you enter the country.... both Fulani o, Hausa o, Yoruba o, Igbo o...... most of your naija politicians have been funneling money into the country and putting undue pressure on their currency too...

We are just not trying in this country at all
Re: Kenya Freezes Sh6.2bn Linked To Flutterwave by Olastep1(m): 3:12pm On Jul 07, 2022
So bad for the company
Re: Kenya Freezes Sh6.2bn Linked To Flutterwave by babslepe: 4:06pm On Jul 07, 2022
thebosstrevor1:
The same way Nigerian government is extorting MTN..lol
mtn is a multinational Kenyan government and official even stoop so low to harass mere restaurant owners all in a bid to rip the person off cause they know the Nigerian government pays no serious attention to this wrong doings
Re: Kenya Freezes Sh6.2bn Linked To Flutterwave by Yankee101:
You'll kill the company if you allow yahoo Boys or if you're involved in yahoo yourself


No legitimate transaction will debit multiple accounts on same day and try to rush them through different banks. A collection account is often a single source or two for such debits not an attempt to disguise origin and final destination


Enforce governance or governance will force you out
Re: Kenya Freezes Sh6.2bn Linked To Flutterwave by Wwwq: 5:54pm On Jul 07, 2022
Why
Re: Kenya Freezes Sh6.2bn Linked To Flutterwave by BreacherX(f):
:8
Re: Kenya Freezes Sh6.2bn Linked To Flutterwave by Christistruth00: 7:53pm On Jul 07, 2022
donaldking10:
Vote Peter Obi to end fraud in Nigeria.
You really need to find out more about Obi’s career before he became a Governor
Re: Kenya Freezes Sh6.2bn Linked To Flutterwave by Nobody: 4:04am On Jul 08, 2022
They should have taken measures to prevent this from happening in the first place. The company's response will always be a calculated response - based on what they want you to hear not the truth

Lifestone:
Let's wait for the Company's response
Re: Kenya Freezes Sh6.2bn Linked To Flutterwave by princewarri1985: 7:18am On Jul 08, 2022
fergie001:
David Hundeyin's article on Flutterwave



SOURCE


David Hundeyin's article on Flutterwave
flutterwave CEO don use he own hand destroyed a company that would have made him a billionaire in dollars in some couple of years time because of greed. i swear this is the height of foolishness!
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