CEOs in Sex-for-Promotion Scandal: Leaked Evidence Exposes Corporate Abuse, Financial Fraud

 

By Abiodun Atilola, Ibadan 

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A major sexual harassment scandal has erupted in Nigeria’s corporate sector following the emergence of damning evidence implicating two chief executive officers of leading companies in alleged sex-for-promotion schemes, abuse of office, and diversion of company funds.

The development comes despite repeated denials by the management of the affected organisations, which had earlier dismissed allegations of misconduct as “false, malicious and unfounded.”

However, an extensive investigation conducted by this newspaper uncovered compelling evidence, including audio recordings, video footage, photographs, internal financial documents and testimonies from former employees, revealing a disturbing pattern of sexual exploitation and corporate misconduct allegedly perpetrated by the top executives and their close associates.

Several victims, many of whom were reportedly dismissed after resisting sexual advances or attempting to expose the incidents, have now agreed to speak publicly.

One former employee, whose identity is being withheld for security reasons, alleged that female staff members were pressured into sexual relationships with senior executives in exchange for promotions, salary increases and job security.

“If you refused their advances, your career suffered immediately. Some of us were threatened, transferred unjustly or eventually sacked,” the victim said during an interview with this newspaper.

Documents obtained by the investigative team also revealed suspicious financial transfers from company accounts to certain female employees allegedly linked to the scandal".

The records indicate that large sums of money were paid under questionable descriptions, while some staff members received rapid promotions despite lacking the required qualifications or years of experience.