Paystack Sacks Co-founder Ezra Olubi Before Sexual Harassment Investigation Concludes

Paystack has terminated the contract of its Co-founder and Chief Technology Officer, Ezra Olubi, following allegations that he engaged in sexual relations with a junior employee.

Olubi confirmed his dismissal on Saturday, stating that the decision was made before the company completed its investigation into claims of sexual harassment against him.

The controversy began in mid-November when a social media post accused Olubi of abusive behavior, leading users to uncover explicit tweets from earlier in his career.

In response, Paystack suspended Olubi and initiated a formal investigation, announcing that it had established a review process and intended to bring in an independent investigator.

Olubi said he was not given the opportunity to respond to the allegations prior to his termination and argued that the decision may have violated both the terms of his suspension and the company’s internal policies.

“My legal team is now reviewing the process that led to my purported termination, including its consistency with internal policies. They will take the steps they consider appropriate, and I will not be commenting further on this matter at this time,” he said.