N750 Million Dispute: Firm Petitions IGP, Alleges Funds Moved Before Court Ruling

THISDAYLIVE | 18-09-2026 03:50am |

Kudiwave Technologies Limited has petitioned the Inspector-General of Police over the alleged transfer of N750.37 million from its PalmPay account. The company is seeking an independent investigation into the movement and continued withholding of the funds. It also challenged the Police Special Fraud Unit's position that the funds were linked to an alleged round-tripping scheme involving several companies. The petition, dated September 14, 2026, was filed through its solicitor, Tony Eseigbe & Co.

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