“D’Banj and
some of his workers are at loggerheads over unpaid salaries. Chu-Chu and Moses
have already been withdrawn from his management for now. Things are no longer
at ease with the Koko master.”
Late last
year, news filtered into town that the millionaire artiste might be sued for a
debt of over $240,000! A technology company, MindHub Technologies headed by one
Henry Ojogho claimed he is even owing the company yet another N15 million.
According to
MindHub, D’Banj, through his company, DKM Media Limited, obtained a loan of
over N60 million from them in January 2013, and has not paid back the said sum
despite signing an undertaking to do so. In addition, the technology company
claimed that the entertainer has issued two cheques already, one on December
20, 2013 and another on January 20, 2014, both of which had to be returned
unpaid after presentation because the pop star’s account was not liquid enough
to offset the debt.
MindHub had
threatened to drag the Koko master to court this month if he failed to clear
the $240,000 he allegedly owes the technology company. It is unlikely that
D’Banj has settled with his alleged creditors.
Interestingly,
D’Banj has maintained disturbing silence on the heels of the many debt scandals
he is swimming in. The much he had said about this was a tweet, “Silence…Hear
(sic) is my response to the false rumours.”
He also told
ENCOMIUM Weekly before the tweet he sent out weeks back, that his response is
the video of his collaborative remix of Oritsefemi’s Double Wahala. He spoke
through his promoter, Ayo Shonaiya.
Fresh efforts
to hear from D’Banj on Saturday, January 10, 2015, was not fruitful as the
celebrated entertainer didn’t pick his call. He also didn’t respond to the
allegation of owing staff salary as a result of his alleged financial travails.
Our SMS read:
“Sir, ENCOMIUM Weekly wants your reaction to fresh allegation that you owe some
of your staff. Rumours even have it you’ve disengaged some of them. We need to
hear your side of the story. Thanks, Associate Editor.”
D’Banj’s silence has given credence to
speculations that the talented crooner, who has a management deal with Kanye
West’s Good Music team is going through financial stress. His visibility during
the yuletide and release of a single has not changed this perception.
A
multi-millionaire and entrepreneur, Dapo Oyebanji (that’s his real names) has
scores ofinvestments that span oil and gas, manufacturing, merchandising, among
other business concerns.
Together with
his erstwhile partner-producer, Don Jazzy, he confessed he shared over N1
billion (in Mavin Records) before he pulled out of the group in 2012.
UCHE OLEHI
Encomium
na wa o big boy dbanj
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