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Really? Dbanj In Debt Mess, Dragged To Court Over Alleged Bounced Cheque - Celebrities - Nairaland

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Really? Dbanj In Debt Mess, Dragged To Court Over Alleged Bounced Cheque by LilPeezy(m): 12:45pm On Nov 23, 2014
This are indeed not the best times for koko
master, and has a matter of fact this is the first
time I am hearing D’banj being in a mess over
money. Now a Technology company, MindHub
Technologies is claiming D’banj is owing them the
sum of $240,000,000 and another N15,000,000,
which the artiste has not denied but issued them
post-dated cheques which were bounced back.
MindHub Technologies who now speaks with
D’banj through their lawyers after all efforts
made by them for him to pay proved abortive
said D’banj has only deemed it fit since last year
to pay only N8,600,000 out of the N15,000,000
and has not paid a single penny form the
$240,000,000.
“We act as Solicitors to MINDHUB
TECHNOLOGIES LTD (hereinafter called “OUR
CLIENT”), and on whose instruction we write you
this letter in the manner stated hereunder.
It is our brief that sometime in January 2013 in
Lagos, you signed a Personal Guarantee/
Memorandum of Undertaking with our client
wherein you agreed/undertook to pay our client
the investment fund of N100,000,000.00k (One
Hundred Million Naira Only) given to D KINGS
MEDIA LIMITED by our client, should the latter
default in payment of the debt. The said debt is
made up of Nigerian and United States of
America’s currencies,” the letter addressed to
him stated.
The case is already in a Lagos high court and due
for hearing, why it has been almost impossible
for months now to serve D’banj, because he has
been outside the country, while some however
claim the major reason D’banj has been in the US
is because he does not want to be served.
Whatever that means we hope they settle this
fast.

(1) (Reply)

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