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Startups

Two Flexitech Directors Arrested Over Alleged $242,000 Misappropriation

James Musoba
Startups

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AI

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James Musoba

Two Flexitech Directors Arrested Over Alleged $242,000 Misappropriation

Two directors of Kenya-based buy-now-pay-later firm Flexitech Group Limited have been arrested in connection with the alleged misappropriation of Sh31.2 million ($242,000) belonging to a leading retail chain. The Directorate of Criminal Investigations (DCI) said Martin Kariuki Maina and Johnson Gituma Mwangi were arrested in Roysambu following investigations into a...
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