Kudiwave Technologies Limited has demanded the immediate intervention of the Central Bank of Nigeria (CBN) and Kayode Egbetokun, Inspector General of Police (IGP), over the alleged continued withholding of N750.37 million belonging to the company, despite a Federal High Court order directing that restrictions on its accounts be lifted.
Prince Oko Kalu, company secretary of Kudiwave Technologies Limited, made the demand while addressing newsmen on Thursday in Abuja, where he tendered copies of court documents and orders in support of the company’s claims.
Kalu urged Egbetokun to direct Leho Edwin, Commissioner of Police in charge of the Police Special Fraud Unit (SFU), Lagos, to investigate the circumstances surrounding the restriction and subsequent movement of the funds.
He said Kudiwave became entangled in a police investigation into funds reportedly traced from accounts belonging to customers of United Bank for Africa (UBA), despite the company not being a party to the original court proceedings.
According to him, UBA obtained a Federal High Court order imposing post-no-debit restrictions on accounts linked to 22 defendants, but Kudiwave was not listed among the parties.
