FCCPC accuses Google of encouraging illegal lending apps, says Google inaccessible


the Federal Commission for Competition and Consumer Protection (FCCPC) said Google was responsible for obstructing efforts to track down owners of illegal lending apps.

The FCCPC Director General, Mr. Babtunde Irukera, alleged during a collaborative engagement with the media in Lagos.

According to him, Google has been uncooperative in its efforts to force the removal of applications (Apps) used by lenders on its Play Store, even when evidence of inappropriate use of the Apps has been established.

The FCCPC had raided the offices of some illegally operating online lending companies in Lagos and froze their bank accounts. Irukera noted that the FCCPC had obtained court orders for the removal of illegal lending apps from Google and Apple platforms.

“We are trying to shut down some apps from Google and there is some resistance. absolutely no way to contact Google.

“I found it extremely reprehensible and disgraceful that a company the size and scale of Google is barely where it can be found, that a regulator is struggling to find Google, and that Google can enforce the Order from a regulator in a country where Google exists and does business is the height of reckless irresponsibility on the part of a company with a brand and name like Google.

“So for this letter they wrote and their own successive barriers to incurring for the app, I have to hold Google accountable.

“No company, no matter how good it brings, should have the prerogative or the ability to be so anonymous.

“And that’s the problem we face. So we have to hold accountable the big guys who make a ton of money with our citizens.

“If we can hold them accountable and they become accountable for this type of behavior, then we can cascade down and we can tell Instagram that if someone is going to sell things on your platform, there must be certain information that must be available.

“You can’t provide these platforms, make money and look the other way while people coming to platforms exploit people and people are blocked.

“There has to be flat ground for everyone. Without it, even your business itself is exploitative. If you are not the exploiter, you at least cede the platform to the exploiters to exploit people,” he said.

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