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       Dbanj Dragged To Court Over Unpaid sum of N100M (Read More)
       By: Smartjohns Date: November 17, 2016, 5:16 am
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       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 pay.
       However, 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.
       Reports say the cheque was returned unpaid due to lack of funds
       in the Dbanj’s account. D’banj issued another GT Bank cheque
       No.00000046 dated January 20, 2014, in the sum of N15, 000,000
       in favour of Mindhub and it was also returned unpaid.
       He reportedly left the outstanding sum of $240, 000 and N6, 400,
       000. Following the outstanding debt, the company has legally
       taken up the issue as they said all efforts made by them for him
       to pay, proved abortive.
       As a result, the company reportedly filed a suit in 2015 against
       D’banj to recover the money. The case, which would be due for
       hearing on December 9, is currently before Justice Oyebanjo of
       the High Court of Lagos State, Ikeja Division.
       All efforts by Naijaloaded to get across to the singer were
       abortive as at press time as his phone numbers were unavailable.
       Courtesy: Naijaloaded.com.ng
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