Kenya freezes $52 million linked to Flutterwave over money laundering claims ...Middle East

Quartz - Economy
Kenya freezes $52 million linked to Flutterwave over money laundering claims
source : Quartz ( Middle East ) () 22
Flutterwave’s controversy seems to never end. On July 7, it had to deny reports linking it to a $52 million money laundering ring in Kenya. The money is claimed to have been hidden in 62 bank accounts but was frozen.In a statement on its website, the company distanced itself from the alleged crime, saying it maintains high regulatory standards and is audited by an unnamed reputable company.“Our anti-money laundering practices and operations are regularly audited by one of the big four firms. We remain proactive in our engagements with regulatory bodies to continue to stay compliant,” the statement reads.Read the rest of this story on qz.com. Become a member to get unlimited access to Quartz’

Hence then, the article about kenya freezes 52 million linked to flutterwave over money laundering claims was published today ( ) and is available on Quartz ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Kenya freezes $52 million linked to Flutterwave over money laundering claims )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Shape the Future of Electrification: Registration Opens for CWIEME Shanghai 2026
PR Newswire - before 4 hours & 22 minute
Asia’s LNG Lifeline Takes a Hit
OILPRICE - before 7 hours & 47 minute
Young adults trust group chats and TikTok more than financial websites – poll
INDEPENDENT - before 4 hours & 24 minute
Alaamry Global Capital annual shareholder letter 2025
ٍٍٍSaudi Gazette - before 7 hours & 31 minute
How Gen Z use group chats and TikTok to boost their savings
INDEPENDENT - before 4 hours & 41 minute
Longsys presentó soluciones de almacenamiento basadas en IA en Embedded World 2026
PR Newswire - before 2 hours & 32 minute
Middle East Crisis Could Triple Pakistan’s Oil Import Bill
OILPRICE - before 6 hours & minute
51Talk Celebrates 15 Years with Global Brand Refresh and Debut of New Character Toki
PR Newswire - before 4 hours & 58 minute
Dahua Technology Showcases AI-powered ITS solutions at Intertraffic 2026
PR Newswire - before hour & 20 minute
Oil Prices Remain Volatile as Hormuz Tensions Rise
OILPRICE - before 46 minute
ATTD : des données glycémiques aux insights de l'IA -- une nouvelle direction pour la gestion du diabète
PR Newswire - before 9 minute
Central African Republic: French FM Says Bilateral Relations With Central African Republic Back On Track
allafrica - before 9 minute


Latest News

ATTD : des données glycémiques aux insights de l'IA -- une nouvelle direction pour la gestion du diabète

before 9 minute

Central African Republic: French FM Says Bilateral Relations With Central African Republic Back On Track

before 9 minute

Oil Prices Remain Volatile as Hormuz Tensions Rise

before 46 minute

Dahua Technology Showcases AI-powered ITS solutions at Intertraffic 2026

before hour & 20 minute

Longsys presentó soluciones de almacenamiento basadas en IA en Embedded World 2026

before 2 hours & 32 minute

Shape the Future of Electrification: Registration Opens for CWIEME Shanghai 2026

before 4 hours & 22 minute

Young adults trust group chats and TikTok more than financial websites – poll

before 4 hours & 24 minute

How Gen Z use group chats and TikTok to boost their savings

before 4 hours & 41 minute

51Talk Celebrates 15 Years with Global Brand Refresh and Debut of New Character Toki

before 4 hours & 58 minute

Trump warns Nato faces ‘very bad future’ if allies fail to help US in Iran

before 5 hours & 37 minute

Middle East Crisis Could Triple Pakistan’s Oil Import Bill

before 6 hours & minute

Alaamry Global Capital annual shareholder letter 2025

before 7 hours & 31 minute

Asia’s LNG Lifeline Takes a Hit

before 7 hours & 47 minute

How the Iran War Could Reshape Global Energy Policy

before 9 hours & 59 minute

U.S. Intervention in Venezuela Could Help Solve Colombia’s Energy Crisis

before 11 hour & 48 minute