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N95m Fraud: Moniepoint, Kuda, Opay Other CEOs Risk Prison for Defying Court Orders

Wale Igbintade


PRO International Concept Ltd. has filed an application at the Federal High Court in Lagos seeking to commit the managing directors of several banks to prison for contempt of court.


The respondents include, Mr. Babatunde Olofin, MD of Moniepoint Microfinance Bank, Mr. Musty Mustapha, MD of Kuda Microfinance Bank, Mr. Henry Obiekea, MD of FairMoney Microfinance Bank and Mr. Daudu Gotring Wuritka, MD of Opay Digital Services Ltd.

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