Kenya drops financial impropriety case against Flutterwave
A Kenyan High Court has granted the Asset Recovery Agency’s (ARA) request to drop its final lawsuit against Flutterwave. Due to allegations of money laundering and fraudulent activity, the agency froze over $3 million in August 2022 for Flutterwave, Hupesi Solutions, and Adguru Technology Limited.
However, the ARA has withdrawn the case because more research showed that Flutterwave was not engaged in any illegal activity, including fraud and money laundering.