A story making the rounds that the managing director of Jumia Food, Mr Guy Futi, was arrested has been debunked by the management. The management of Jade Internet Services, owners of Jumia Food said in the statement signed by Mr. Seyi Oni, its chief legal officer, Jumia Food stated that Mr Futi was never arrested by the police for fraud and conversion of company’s funds for personal use, as reported.
Below is the statement;
“The current Managing Director of Jumia Food Nigeria, Mr Guy Futi neither misappropriated the company’s funds nor converted them for personal use. If this had happened, Jumia would have taken legal action against him, and probably involved the press. He was never involved in any fraudulent act. Mr Futi was invited for questioning by the Nigerian Police Force on Thursday, January 31st, 2019 in relation to an ongoing case of fraud filed by Jumia Food against one of its vendors, Castle Logistics Services.
Mr Futi was never detained by the police. He was invited for questioning and left the station after the interrogation same day. At the time the incident for which Jumia took legal action against Castle Logistics occurred, Mr Futi had not joined the company.
The allegation of fraud by Castle Logistics is thus a malicious attempt to distract Jumia Food from carrying out legal action against the company.”
-Ademola Alade
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