Kippa, a popular Nigerian fintech company has reportedly lost 30 Million to an internal fraud.
When Kippa could no longer keep up, it stopped all Kippa Pay operations in November 2023 and laid off some of its staff afterward. While all of this was going on, the fraudulent activity didn't come to the open until 4 months later.
The fraudulent activities were reportedly discovered amidst heightened customer withdrawals triggered by the company's shutdown. A senior manager (whose name has been withheld) took advantage of this opportunity and illicitly withdrew substantial amounts without using a Point of Sale (PoS) system.
Continue reading >>> https://hubforjobs.com/after-firing-40-workers-kippa-suffers-huge-financial-loss-n30-million-goes-do
When Kippa could no longer keep up, it stopped all Kippa Pay operations in November 2023 and laid off some of its staff afterward. While all of this was going on, the fraudulent activity didn't come to the open until 4 months later.
The fraudulent activities were reportedly discovered amidst heightened customer withdrawals triggered by the company's shutdown. A senior manager (whose name has been withheld) took advantage of this opportunity and illicitly withdrew substantial amounts without using a Point of Sale (PoS) system.
Continue reading >>> https://hubforjobs.com/after-firing-40-workers-kippa-suffers-huge-financial-loss-n30-million-goes-do