The Chairman of Flutterwave, Mr. Tunde Lemo, has allegedly revealed that he personally directed the suspension of the fintech firm’s payment platform.
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According to a report from Thisday, Tunde Lemo, a former Deputy Governor of the Central Bank of Nigeria (CBN) and current Chairman of Federal Emergency Road Maintenance Agency (FERMA), said the decision was taken to prevent the illicit flow of funds through the payment channel.
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This explanation is coming against the background of reports that the Federal Government, through the Central Bank of Nigeria (CBN) had summoned the fintech firm over the handling of funds for the #EndSARS protests and also the freezing of accounts of a Feminist Coalition group, a pro-#EndSARS women group.
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He said, “I was the one that instructed them to shut down their system yesterday when the bad guys were moving money through them.”
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As of Tuesday, a total of N16,706,635.9 had been donated into the account, according to a post on Flutterwaves’ official Twitter handle. This includes donations in foreign currencies.
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The organizers of the protest have been using donations to fund medical supplies, food, drinks, legal aids, and others to sustain the protest.
However, in a reaction, Flutterwave said that its Chairman never made such statement and their payment platform is not shutdown but is up and running efficiently.
Hey i siad i dint want to hear fr you
This is absolutely false. Flutterwave chairman?? Lool. Absolute fake news.
Cover story. We know better. Bad guys ko, Rambo ni.
Having a federal government appointment, whatever he does will be to please his pay masters.
Absolute BS! Does 16M sound like money from “bad guys”? You made a privately owned service available for public use then you took it out just like that?
Thank goodness Tech doesn’t revolve around one person, government or business.
….to please his paymasters. Men without conscience, always only after their belly even if the food is served by the devil.
What a surprise! Tunde Lemo is a confirmed government “ pikin, and has always been the sort of ‘adult’ these young protesters are fighting against. Shame!!
He’s from the same generation we’re protesting against. What do you expect? So unfortunate ?
Get enough facts right. Where did you find out that guy is the Chairman of flutterwave
Lol who does this Dundee think he’s fooling….16m from bad guys ?
Just say your oga at the top ordered you to shutdown
He is saying trash!! Instead him to join the protest he is standing against it, he is one of the bad guys in the government!!
The level of Evil perpetuated by the Nigerian Government remains unfathomable!
The world is round.
Thank you for informing us flutterwave is cancelled. Your tech is wack sef so no need. You want us to believe a private sector money of just 16 mil only is your problem. What bad guy let me see the security code use to detect bad guys. Old fool
Enemy of progress.
He tried to please his political Ogas.
Las las other avenues of money transfer will be opened.
“bad guys” ke
How e take know them?
When e gonshele we will have funding.
Una fear neva stat ?
Please, it is Federal Roads Maintenance Agency and not Federal Emergency.