Kenyan Court Freezes Flutterwave

Kenya’s High Court has frozen more than US$50 million in 62 bank accounts belonging to Nigerian start-up Flutterwave and four Kenyans. <br />The court ruling comes on the suspicion that the money was proceeds of fraud and money laundering. <br />Kenya's Assets Recovery Agency asked the court to stop the money from being moved or taken out until the government filed a petition to get the money back. <br />The agency says that their investigations showed that the money was sent as payments for goods and services.