Risevest CEO Eke Urum Found Guilty Of S3xual Impropriety

Category: Business News

Risevest founder and CEO, Eke Urum has been found guilty of s3xual impropriety and abuse of power.

Urum was suspended in August after allegations of s3xual and non-s3xual abuse by a staff.

A statement by the company said the six-week probe could not establish s3xual assault.

However, the evidence showed “s3xual relations with an employee; unwanted, inappropriate jokes and conversations revealed s3xual impropriety”.

“It also showed a pattern of abuse of power, intimidation, retaliation and workplace bullying”, it added.

The investigation team interacted with nearly 60 former and current employees before reaching its decisions.

The panel, which comprised Tomi Davies, Odun Longe and Toun Tunde-Anjous, recommended that Urum should not be reinstated as CEO.

Tony Odiba, the acting CEO, will remain in the capacity until a substantive chief executive officer is appointed.

Urum is now a non-executive board member and will lead the firm’s investment strategy and provide guidance on technology.

“I regret the distraction that my actions may have caused and fully respect the integrity of the process the Risevest investors and the panel underwent”, Urum told TechCabal.