Flutterwave Chairman has revealed that he ordered the closure of the firm’s payment platform.

The Chairman of Flutterwaves, Mr. Tunde Lemo, has revealed that he personally directed the suspension of the fintech firm’s payment platform.

According to a report from Thisday, Tunde Lemo, a former Deputy Governor of the Central Bank of Nigeria (CBN) and current Chairman of Federal Emergency Road Maintenance Agency (FERMA), said the decision was taken to prevent the illicit flow of funds through the payment channel.

This explanation is coming against the background of reports that the Federal Government, through the Central Bank of Nigeria (CBN) had summoned the fintech firm over the handling of funds for the #EndSARS protests and also the freezing of accounts of a Feminist Coalition group, a pro-#EndSARS women group.

He said, “I was the one that instructed them to shut down their system yesterday when the bad guys were moving money through them.”

As of Tuesday, a total of N16,706,635.9 had been donated into the account, according to a post on Flutterwaves’ official Twitter handle. This includes donations in foreign currencies.

The organizers of the protest have been using donations to fund medical supplies, food, drinks, legal aids, and others to sustain the protest

https://nairametrics.com/2020/10/13/endsars-flutterwave-chairman-says-he-ordered-closure-of-firms-payment-platform/

Ok sir, why not make moves to try shutting down the blockchain.

I never knew this man owns flutterwave... I am disappointed by his disposition as his premise for doing that is wrong. It affected a whole of legal online businesses.

This man's name never shows up whenever flutterwave wins international monetary grants of millions of dollars... Now it comes to fund for legitimate anti-govt protests; he surfaced!!!

I am porting back to paystack...!!!

Their local problem

See them
Anti people big men
How about we all dump flutter wave?

emillysmigael:
I never knew this man owns flutterwave... I am disappointed by his disposition as his premise for doing that is wrong. It affected a whole of legal online businesses.

This man's name never shows up whenever flutterwave wins international monetary grants of millions of dollars... Now it comes to fund for legitimate anti-govt protests; he surfaced!!!

I am porting back to paystack...!!!

who hold you?

We will run down your bloody company. Shey na we dey use am abi? When all this is over you will hear from Nigeria youths. #ShudownFlutterwave

emillysmigael:
I never knew this man owns flutterwave... I am disappointed by his disposition as his premise for doing that is wrong. It affected a whole of legal online businesses.

This man's name never shows up whenever flutterwave wins international monetary grants of millions of dollars... Now it comes to fund for legitimate anti-govt protests; he surfaced!!!

I am porting back to paystack...!!!

They stole it from the youths that opened it and drove thm away

Thanks for the explanation

kokoA:
We will run down your bloody company. Shey na we dey use am abi? When all this is over you will hear from Nigeria youths. #ShudownFlutterwave

He just made the wrongest business calculation of his life.

Awol1:


He just made the wrongest business calculation of his life.

Mtcheeeew!

It baffles me whether some CEOs attended any business school at all? How many of these old men are using fintech platform. It's wrong to try and pluck the eyes of enlightened youth. There is strength in number. Watch how flutterwave liquidity will plunge in the coming months.


Foools that lack basic knowledge of how to scale a business

I'm not a social media person. Please those of us into it can make this trend #boycott Flutterwaves

You're not smart sir.

CBN will never tell you that they ordered the shutdown.
Emefiele handwriting and anti EndSARS people.
The man is saving his biz cuz he was told to say he ordered it.
Nigeria my zoo country.

Goddys:
It baffles me whether some CEOs attended any business school at all? How many of these old men are using fintech platform. It's wrong to try and pluck the eyes of enlightened youth. There is strength in number. Watch how flutterwave liquidity will plunge in the coming months.


Foools that lack basic knowledge of how to scale a business

Sent a PM. Kindly check sir, thanks