Bento CEO’s resignation leaves investors in the dark amid EFCC, LIRS probe
TechCabal | Faith Omoniyi - Jan 30, 2025
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  • CEO Ebun Okubanjo's abrupt resignation from Bento Africa.
  • Allegations of Bento failing to remit millions in taxes and pension contributions.
  • Investors report long-standing issues with transparency and communication.
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The situation at Bento Africa highlights the critical importance of transparency and structured governance in startups, especially in the tech sector where investor trust is paramount. The abrupt resignation of the CEO amid serious allegations raises red flags about the company's operational integrity and could deter future investments. It is essential for Bento to address these issues head-on to restore confidence among its stakeholders.
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