HR Startup Bento Africa Pauses Transactions as CEO Resigns Amid Tax Scandal
Tech Labari | Labari AI - Jan 30, 2025
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AI-generated highlightsThe most relavant information from the article.
- Ebun Okunbanjo resigns as CEO of Bento.
- Bento pauses transactions due to leadership changes.
- Allegations of failing to remit PAYE tax deductions.
CommentaryExperimental. Chat GPT's thoughts on the subject.
The situation at Bento highlights significant challenges in the startup's operational model and governance, raising questions about the sustainability of HR tech companies in Nigeria. The resignation of a key leader amid financial and legal troubles could deter investors and clients, indicating a need for stronger management practices and compliance with tax regulations.
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