This could be the story of every Nigerian in a similar situation with PalmPay and Nigeria Police.
This could be the story of every Nigerian in a similar situation with PalmPay and Nigeria Police.
A Federal High Court judge already asked the question everyone watching this should be asking. Were the police investigating a crime, or simply recovering money?
On the twenty second of July, the judge set aside the order used to move KudiWave’s money, citing misrepresentation and want of jurisdiction, and ordered every restriction on the account removed.
Here is how it got there. In April, police obtained an order restricting KudiWave’s account with PalmPay, pending investigation. In June, while that order was still running, the same officer returned to court and obtained a wider order, directing PalmPay to transfer everything in the account into a Police Recovery Account.
KudiWave says it was never properly served with that application. On the fifteenth of July, seven hundred and fifty million naira left the account. Not to the Police Recovery Account named in the order. To an Access Bank account nobody has explained.
KudiWave also alleges its Company Secretary was asked for fifty million naira to lift the restriction.A month later, the money is still missing.
🎥:- @ait_online
