Gadgets Africa
  • News
    Japan privacy regulator warns ChatGPT-maker OpenAI on data collection

    Japan privacy regulator warns ChatGPT-maker OpenAI on data collection

    Twitter's top executive Ella Irwin resigns

    Twitter’s top executive Ella Irwin resigns

    Starlink wins pentagon contract for satellite services to Ukraine

    Starlink wins pentagon contract for satellite services to Ukraine

    ATM maker Diebold Nixdorf files for bankruptcy

    ATM maker Diebold Nixdorf files for bankruptcy

    Airbnb sues New York City over rental restrictions

    Airbnb sues New York City over rental restrictions

    Russia fines WhatsApp over failure to delete banned content

    Russia fines WhatsApp over failure to delete banned content

    Meta to remove news from US state over payment

    Meta to remove news from US state over payment

    Australia plans tougher laws for AI, deep fakes ban

    Australia plans tougher laws for AI, deep fakes ban

    Twitter introduces Community Notes for images

    Twitter introduces Community Notes for images

  • Apps
  • Cryptocurrency
  • featured
  • Telecommunications
  • Gadgets
  • FinTech
  • Tech leaders
Gadgets Africa
No Result
View All Result

EFCC detains tech firm Kloud Commerce’s founder Olumide Olusanya

by Alex Omenye
March 29, 2023
in featured, News
Reading Time: 1 min read
EFCC detains tech firm Kloud Commerce's founder Olumide Olusanya
Share on FacebookShare on TwitterShare on Telegram

Nigeria’s anti-graft agency, the Economics and Financial Crimes Commission, has taken Dr Olumide “D.O” Olusanya, the founder of Kloud Commerce, which shut down over irreconcilable differences into custody.

According to WeeTracker sources, the EFCC came for D.O Monday in the middle of a meeting at the Lekki office of Gloopro, one of the business ventures led by the embattled tech founder who had previously made strides in retail e-commerce through the now-defunct Gloo.ng.

D.O. is still detained, according to WT sources, including a former executive at the now-defunct startup Kloud Commerce, whose investors have taken the matter to the authorities, alleging malfeasance among other things.

“He consistently provided updates with false information to evidence a growth in the business and further deceived us into believing that indeed, the process was progressing,” reads part of an earlier drafted petition by investors.

It wasn’t clear if the EFCC moved on that particular petition.

Kloud Commerce received a $765,000 pre-seed in 2021 to develop a multi-channel commerce solution for African businesses but shut down almost a year later due to poor management and disagreements.

Tags: Fintech space
ADVERTISEMENT

Related Posts

Japan privacy regulator warns ChatGPT-maker OpenAI on data collection
News

Japan privacy regulator warns ChatGPT-maker OpenAI on data collection

by Alex Omenye
June 2, 2023
Twitter's top executive Ella Irwin resigns
featured

Twitter’s top executive Ella Irwin resigns

by Marcus Amudipe
June 2, 2023
Starlink wins pentagon contract for satellite services to Ukraine
News

Starlink wins pentagon contract for satellite services to Ukraine

by Alex Omenye
June 1, 2023
ATM maker Diebold Nixdorf files for bankruptcy
News

ATM maker Diebold Nixdorf files for bankruptcy

by Alex Omenye
June 1, 2023
Next Post
Chinese hackers target Kenya in widespread cyber attack

Hackers target UAE users with Spanish spyware - Google

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended.

Huawei vows to 'reborn' China's chip industry

Huawei vows to ‘reborn’ China’s chip industry

March 31, 2023
Emirates suspends Nigerian flights over trapped revenue

Emirates suspends Nigerian flights over trapped revenue

August 18, 2022

Trending.

Twitter to suffer 28% ad revenue drop in 2023 - Report

Twitter to suffer 28% ad revenue drop in 2023 – Report

April 11, 2023
Etihad Airways to allow flights bookings through AI chat app BOTIM

Etihad Airways to allow flights bookings through AI chat app BOTIM

May 3, 2023
NCC alerts Nigerians on antivirus-crippling threat

Vandalism, hostile community, setbacks to telecoms industry – NCC

April 16, 2022
Nigerian entrepreneur solves electricity problems with solar-powered batteries

Nigerian entrepreneur solves electricity problems with solar-powered batteries

March 23, 2023
YouTube to shutdown YouTube Stories from June 26

YouTube to shutdown YouTube Stories from June 26

May 27, 2023
Gadgets Africa

© 2023 Gadgets Africa.

Navigate Site

  • News
  • Apps
  • Cryptocurrency
  • featured
  • Telecommunications
  • Gadgets
  • FinTech
  • Tech leaders

Share

No Result
View All Result
  • News
  • Apps
  • Cryptocurrency
  • featured
  • Telecommunications
  • Gadgets
  • FinTech
  • Tech leaders

© 2023 Gadgets Africa.

Go to mobile version