Paystack, a Nigerian payments technology company owned by Stripe, has suspended its co-founder and Chief Technology Officer, Ezra Olubi, over allegations of sexual misconduct involving a subordinate, reports ITREALMS.
According to reports, Paystack confirmed Olubi's suspension, stating that a formal internal investigation has been launched into the matter. The company emphasized that it takes matters of this nature extremely seriously and has suspended Olubi from all duties and responsibilities pending the outcome of the investigation.
The controversy surrounding Olubi intensified after dozens of his decade-old tweets resurfaced, containing sexually explicit comments, references to wanting to photograph a coworker's thighs, and comments involving minors. One tweet from May 2011 read, "Monday will be more fun with an 'a' in it. Touch a coworker today. Inappropriately". Olubi has since deactivated his X account and has not publicly addressed the allegations.
The incident has sparked a wider conversation about corporate accountability and workplace culture within the Nigerian tech ecosystem. As one of Africa's most influential fintech companies, Paystack's handling of the situation will likely have significant implications for the industry.
Paystack's statement on the matter emphasized its commitment to maintaining a safe and respectful work environment for all employees. The company has appointed an independent third-party investigator to ensure a fair and thorough investigation.
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