![]() ![]() The company’s chief executive officer and co-founder Olugbenga Agboola flew into Kenya early this month in an effort to unfreeze his Sh6.6 billion and lift a Central Bank of Kenya (CBK) embargo on the firm. “The file is hereby marked as withdrawn,” Justice Maina said. This came after the Asset Recovery Agency of Kenya withdrew its case against the startup.Īppearing before High Court judge Esther Maina, the agency asked the judge to mark the file withdrawn.Ī notice for withdrawal was filed in December but the case was delayed by several cases filed against the firm.Īmong the cases were filed by a group of Nigerians who sought to protect their millions from being forfeited to the Kenyan government. A Kenyan court on Monday, February 27, 2023, released Sh6.6 billion ($51.9 million) belonging to Nigerian fintech startup, Flutterwave. ![]()
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