Ezra Olubi Embroiled in Controversy: Subordinate Assault Allegations and Resurfaced Offensive Jokes
Paystack co-founder, Ezra Olubi, is facing a challenging period as accusations of sexual misconduct from a subordinate have surfaced, leading to his suspension from the company. This situation is further complicated by the recent rediscovery of Olubi’s past social media posts containing offensive and controversial jokes, some of which alluded to minors. These posts, dating back to the early to mid-2010s, are now under intense scrutiny, intensifying the criticism surrounding Olubi.
Investigation and Context
Paystack, the Nigerian fintech company co-founded by Olubi and Shola Akinlade in 2015, has initiated a formal investigation into the allegations. Olubi served as the Chief Technology Officer (CTO) of the company, which revolutionized online payments in Africa. Paystack rapidly grew to become a dominant player, processing billions of dollars in transactions and ultimately being acquired by Stripe, a US-based payment giant, for $200 million in 2020. Olubi, a 39-year-old computer science graduate of Babcock University, now faces the challenge of these accusations amidst his prominent role in the African tech ecosystem.
The current allegations and the resurfaced social media posts have created a significant crisis for Olubi and Paystack. The company’s handling of the investigation will be closely watched, particularly given its status as a leader in the African tech space and its ties to a major international player like Stripe. The controversy serves as a reminder of the importance of ethical conduct and responsible online behavior, especially for those in positions of leadership.
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