One of Nigeria's most famous singers, D'Banj, has found himself in a new wave of controversy as he gets dragged before the law.
D'Banj
D'banj is one of Nigeria's most popular singers who is also considered to be one of the most successful in the industry.
The singer has reportedly found himself wrapped in a new controversy as he gets charged to court,
According to Pulse, the singer has been sued by technology company, MindHub for owing over N100, 000, 000 naira.
In a document exclusively released to Pulse on November 16, 2016,
it appears that the Kokomaster signed a memorandum of understanding with
the technology company on October 19, 2012, for the promotion of a
concert organised by his media house, D'Kings Men Media LTD.
MindHub invested the sum of $500,000 and N20 Million for the organisation of concerts.
Apparently, the contract states that the 35-year-old would be
personally liable for the payment of the sums of money in the event of
D'Kings Media failure to pay.
When Dkings Men media failed to pay back, Mindhub Technologies called for the repayment from Dbanj.
Out of the loan, D'banj who recently won the Black Entertainment
Film Fashion Television and Art (BEFFTA) entertainment icon of the year
award, reportedly paid only $260,000 and N8,600,000 leaving the
outstanding sum of $240,000 and N6,400,000.
The technology company has now taken the issue up legally. They've
made it known that all efforts made by them for him to pay proved
abortive.
In his bid to pay the aforementioned outstanding sums to the
Mindhub, Dbanj issued a Skye Bank cheque No. 10000039 on December 29,
2013, in the sum of $240,000 in the name of Henry Ojogho, Mindhub’s Vice
Chairman. The cheque was returned unpaid on presentation by the said
Henry Ojogho, who sought to know from Skye Bank the reason for returning
the cheque. Skye Bank notified Chief Henry Ojogho that it was due to
lack of funds in the Dbanj’s account.
The cheques was also endorsed “DAR” by the Bank. D'banj issued
another GT Bank cheque No.00000046 dated January 20, 2014, in the sum of
N15, 000,000 in favour of Mindhub.
The cheque was also returned unpaid on presentation.
Consequently, MindHub filed a suit in 2015 against Dbanj to recover the sums of money.
The case is currently before Justice Oyebanjo of the High Court of
Lagos State, Ikeja Division and would be due for hearing on December 9,
2016.
According to Pulse, the singer's representative has been reached out ot, but has so far not replied.
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