Entertainment D'Banj in N100million Debt Mess

A

abujagirl

Guest
Mindhub Technologies has dragged the Kokomaster, D'Banj to court for a N100million unpaid debt.

d'banj.jpg

Pulse.ng reported that Dbanj 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. The contract stated that Dbanj 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 and he reportedly paid only $260,000 and N8,600,000, leaving the outstanding sum of $240,000 and N6,400,000.

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.
 
Back
Top