Nigerians sue over Sh1.4bn Flutterwave cash frozen in Safaricom, banks

The Nigerians said in a petition that they were swindled of billions of shillings through a sports betting platform that used Flutterwave to process the payments. PHOTO | POOL

More than 2,000 Nigerian investors have petitioned the Kenyan courts to unfreeze Sh1.4 billion locked in Safaricom and four banks, saying they were swindled in transactions involving Africa-focused payments giant Flutterwave.

The Nigerians said in a petition that they were swindled of billions of shillings through a sports betting platform that used Flutterwave to process the payments.

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