Kenya’s High Court has frozen more than US$50 million in 62 bank accounts belonging to Nigerian start-up Flutterwave and four Kenyans.
The court ruling comes on the suspicion that the money was proceeds of fraud and money laundering.
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.
The agency says that their investigations showed that the money was sent as payments for goods and services.