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Kudiwave Technologies Seeks Intervention Over 750m Naira Dispute

Kudiwave Technologies Limited is calling for the intervention of the Central Bank of Nigeria and the Inspector General of Police to recover 750.37 million naira allegedly withheld by police authorities. The fintech company claims that despite a July 22 Federal High Court order directing the release of its funds, the money was transferred to an Access Bank account held by the Police Special Fraud Unit on July 15. The firm maintains it was wrongly ensnared in a fraud investigation linked to UBA accounts and continues to demand the immediate return of its capital.

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