The High Court has dismissed an application filed by over 2,000 Nigerians seeking to protect their millions, which was part of the Sh6.6 billion frozen last year in a case involving Africa-focused payments giant Flutterwave.
Justice Esther Maina rejected the application by Mr Morris Ebitimi Joseph on behalf of 2,468 Nigerian investors, saying there is no reason to grant the application, after Assets Recovery Agency (ARA) signalled its intention to withdraw the case against financial technology firm, Flutterwave Payment Technology Ltd.