Jumia Food MD, Guy Futi, Was Never Involved In Any Fraudulent Act

Jumia Food MD, Guy Futi, Was Never Involved In Any Fraudulent Act

The management of Jade Internet Services, owners of Jumia Food has denied the story published by Vanguard newspaper on Monday, February 4, featuring Jumia Food Managing Director, Mr Guy Futi, been involved in an arrest as fabricated and simply untrue.

According to a release signed by Jade Internet Services Chief Legal Officer, Mr Seyi Oni, the allegation that Mr Futi was arrested by the men of the Nigerian Police Force, Zone II over the allegation of fraud and conversion of company’s funds for personal use, is a mere fabricated allegation.

The statement reads thus: “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.”

The statement added that Jade Internet Services condemn in strong terms the libellous intent of the article published by Vanguard newspaper because the allegations are completely untrue, and appear to be a cheap effort by Castle Logistics to malign Jumia.