Remx Ltd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A Nairobi court in Kenya has frozen 45 bank accounts and 10 mobile money wallets belonging to a Nigerian-owned financial technology firm battling multiple money laundering allegations, as scorned individuals and companies begin to queue up for billions the firm has stashed away in local banks. High Court judge Alfred Mabeya last week issued orders freezing the accounts of Flutterwave Payments Technology after a group of 2,468 Nigerian nationals claimed the firm was used to defraud them of $12.04 million (Sh1.6 billion), Business Daily Africa reports.

The court documents reveal a complex scheme through which RemX and other registered firms could have moved billions without being detected by the CBK.

The Nigerians said in a petition that they were swindled of billions of shillings through a sports betting platform that used Flutterwave to process the payments.

The Nigerian tech startup grabbed headlines when the High Court froze its Sh6.2 billion spread in 62 bank accounts.

High Court has frozen more than Sh6.2 billion spread in 62 bank accounts belonging to Nigerian start-up Flutterwave and four Kenyans.