Paystack co-founder and Chief Technology Officer, Ezra Olubi, has announced plans to pursue legal action against the company following his dismissal over allegations of sexual misconduct.
Paystack terminated the contract of Mr Olubi just days after placing him on suspension over alleged sexual misconduct allegations, which trended on social media, particularly X, formerly known as Twitter.
The decision comes even though the company had earlier announced that a formal investigation was underway and that it would refrain from further comment until the process was completed.
However, in a public statement released on Sunday, Mr Olubi revealed that his employment had been “terminated unfairly” before the investigation could be concluded.
Mr Olubi said Paystack’s decision created room for assumption and has misrepresented his character as posited on social media.
“Over the past few days, my name and reputation, built over years as co-founder and technical leader at Paystack, have been called into question because of information circulating online.
“In response, the Board of Directors of Paystack placed me on suspension and initiated what was described as an ‘independent’ investigation. Once that process began, I chose not to make any public statements.
“I did this to avoid interfering with the investigation and because I expected a fair, thorough, and unbiased review of the allegations being discussed online. This created a vacuum that allowed assumptions and misrepresentations to spread without challenge,” he said.
Paystack terminated the contract of Mr Olubi just days after placing him on suspension over alleged sexual misconduct allegations, which trended on social media, particularly X, formerly known as Twitter.
The decision comes even though the company had earlier announced that a formal investigation was underway and that it would refrain from further comment until the process was completed.
However, in a public statement released on Sunday, Mr Olubi revealed that his employment had been “terminated unfairly” before the investigation could be concluded.
Mr Olubi said Paystack’s decision created room for assumption and has misrepresented his character as posited on social media.
“Over the past few days, my name and reputation, built over years as co-founder and technical leader at Paystack, have been called into question because of information circulating online.
“In response, the Board of Directors of Paystack placed me on suspension and initiated what was described as an ‘independent’ investigation. Once that process began, I chose not to make any public statements.
“I did this to avoid interfering with the investigation and because I expected a fair, thorough, and unbiased review of the allegations being discussed online. This created a vacuum that allowed assumptions and misrepresentations to spread without challenge,” he said.
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