D Banj dragged to court over 100 million naira Debt. - KRAM TELLS

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Friday, 18 November 2016

D Banj dragged to court over 100 million naira Debt.


Nigerian Afropop star, Oladapo Daniel Oyebanjo, popularly known by his stage name as D’Banj, has reportedly been sued by a company, Mindhub Technologies, over N100m unpaid debt.
Pulse is reporting that the singer purportedly signed a Memorandum of Understanding, MoU, with the technology company on October 19, 2012, for the promotion of a concert organized by his media house, D’Kings Men Media LTD.
The contract agreement had it that Dbanj would be personally liable for the payment of the money in the event that D’Kings Media fails to payHowever, when Dkings Men media failed to pay back, the company called for the repayment from the ‘Kokomaster’ and he reportedly paid only $260, 000 and N8, 600, 000.
Dbanj had reportedly issued a Skye Bank cheque No. 10000039 on December 29, 2013, for the sum of $240,000 in the name of Henry Ojogho, Mindhub’s Vice Chairman.

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