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Thursday, 15 October 2020

#EndSars: I Ordered Closure of Flutterwave's Payment Channel - Chairman

Contrary to the news making the rounds that the Central Bank of Nigeria ordered the closure of Flutterwave payment channel, the Chairman of Flutterwave, Tunde Lemo, a former deputy governor of the apex bank, according to emerging reports directed the suspension of the fintech firm’s payment platform.

“I was the one that instructed them to shut down their system yesterday when the bad guys were moving money through them,” Lemo reportedly said.

 The temporary suspension affected many customers. A pro-#EndSARS women group, Feminist Coalition, also said it was under attack due to its contribution to the ongoing protest.

The group is raising funds for medical bills, legal aids, and other necessary supports for people protesting against police brutality.

Many #EndSARS protesters blamed Nigeria’s Central Bank for pressuring Flutterwave to shut down the payment platform to stifle protesters of funds.

“For demanding an end to police brutality we are now under attack,” Feminist Coalition said on Twitter on Tuesday.

“Our bank account has been deactivated and so has the Flutterwave donation link. Our members’ lives are also being threatened!”

As of Tuesday, a total of N37,355,149 had been donated into the account group, according to a post on the group’s official Twitter handle. This includes donations in foreign currencies.

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