The FCCPC boss, however, said investigations had revealed that the loan firms were neither Nigerian companies nor registered in the country.
As a result, Irukare said the agency had written to global app companies asking them to suspend the operations of the online banks. “As we got more information we had enough evidence to convince the court to issue a warrant for us to proceed with an investigation into a search and seizure. And sometime last month, a court issued a warrant and between then and now, we were preparing a sting operation which is what you are seeing here today. The reason for this is because we wanted to be sure we are hitting at the place we could get many of them.
The govt needs to regulate this properly. How will a govt allow foreign citizens to take advantage of her own citizens. Most of this apps are not registered and have no physical address. Google and Apple should ensure immediate block or removal is carried out on those apps
Pls Lcredit too should be one if them.
Though,while i acknowledged the fact that they actually rescued some Nigerians who needed soft funds.However,the way and manner they go about getting their money from those who patronised them is disgusting and unprofessional.
Good idea. They are very good at defaming people
Good. This mf have threatened me couple of times . Saying someone used me as guarantor in money lending. See me see wahala o
I swear, this is the best news of the year. Mad people.
People fall for them because our banks are wicked, imagine me that my turnover is about 1.5 million my acct officer still denied me of 500k loan she even ask me to move my account from her brunch ZenithBank staff are rude. Nigeria bank is not for the poor people.
These online Loaning Banks are nothing but CRIMINAL. I thought I was the only victim! They drained my account early last year through my ATM request without loan!
Great job this loan app has sent alot of people to their early grave
Beautiful
palmpayapp suppose to be dia cos their POS always debit customers and claim declined
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Good and bad move anyways.
🤩Wowwww wat a great update...all boys fallout Dem don block where all our money dey ooo, 😂 pend every urgent 2k,u Sef don tryy🤣🤣
That Gocash na mad app i swear. I pity my friend that applied for their loan sometimes last year. They almost finish him with Interest on top shikini money.
Provide jobs for youths in the country then you can talk about this... Cause this so called people are far better than our running governance... saynotobadgovt providebetterjobs punchnewspaper
👏🏽👏🏽👏🏽👏🏽I like the detailed investigation and strict compliance with procedural laws done in this case. However, some borrowers in Nigeria na only shaming go make them pay o! The annoying thing is that some of them would borrow and use the money to live life that you can't
Good move in the right direction.
Among the financial institutions affected were, GoCash, Okash, EasyCredit, Kashkash, Speedy Choice, Easy Moni. Easy Moni dey owe me 15 naira since last year.
Make them also freeze Boko-Haram, Bandits, unknown gun-men and those looters too... Rubbish
They should release their names so people can avoid them.