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.

Read More

Paystack Suspends CTO Ezra Olubi Over Sexual Misconduct Allegations

Paystack has suspended its co-founder and Chief Technology Officer, Ezra Olubi, following allegations of sexual misconduct involving a subordinate. In a statement to TechCabal, the Stripe-owned fintech confirmed that it has launched a formal investigation into the accusations. “Paystack is aware of the allegations involving our Co-founder, Ezra Olubi,” the company said. “We take matters of this nature extremely seriously. Effective immediately, Ezra has been suspended from all duties and responsibilities pending the outcome of a formal investigation.” The company added that it would not provide further updates until the inquiry is complete, citing the importance of maintaining the integrity of the process and respecting all parties involved. The suspension comes after several of Olubi’s tweets from 2009 to 2013 resurfaced online, drawing criticism for sexually explicit content about colleagues and disturbing references to minors. Some posts included remarks about photographing a colleague’s thighs, while a 2011 tweet that went viral read: “Monday will be more fun with an ‘a’ in it. Touch a coworker today. Inappropriately.” Following the resurfacing of the tweets, Olubi has deactivated his X account. The incident has sparked widespread discussion about workplace conduct and accountability in Nigeria’s tech industry.

Read More