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Sunday, November 23, 2014

Is D'banj Broke? D'banj's Cheque Bounced, Dragged To Court Over Debt

D'banj is a debtor! Like seriously? According to reports, MindHub Technologies, a technology company is claiming D'banj is owing them the sum of $240,000 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 from the $240,000.


A letter addressed to D'banj reads: 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 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. Some however claim the major reason D'banj has been in the US is because he does not want to be served.


I really don't want to believe this happening to my 'crushless crush'. :-) Seriously, I think he is just too busy to settle his debt.



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