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D’banj in law suit mess over N15m fraud
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D’banj in law suit mess over N15m fraud

Happenings

Two months after becoming the first BeatsByDre headphones African ambassador, the Koko master is in dire danger of facing a law suit over fraud allegations if he fails to respond to his accusers’ demands.

A week ago, NET revealed that D’banj allegedly has a huge debt portfolio hanging on his neck as several people have turned up with claims that he is owing them substantial sums. The pop star responded to the accusations by posting the video to Oritsefemi’s ‘Double Wahala’ remix featuring his very self  on his twitter page with the comment, ‘Silence, my response to all the false rumours.

Since the story hit the public space, attempts to reach D’banj to react to the scandal has proved abortive as he is said to have told his team to avoid speaking to the media until further notice. however, a warning letter sent to him by Mr. Henry Ojogho, the Vice Chairman of BRORON GROUP, Broron Oil & Gas Limited who is also the Vice Chairman of MindHub Technologies. In the letter, dated September 13, 2013, Henry gave D’banj a final warning to refund the money owed him or be prepared to face full wrath of the law.

D’banj in law suit mess over N15m fraud
Warning Letter from Henry Ojogbo

The letter partly reads: ‘The above subject matter, our several mails, telephone conversations and meetings between you and our Vice Chairman refer.  Recall that you agreed to act as a guarantor for the payments owed to Mindhub by D Kings Men Media Limited (the company) on account of investment made by Mindhub to the company as contained in the Memorandum of Understanding dated 19th of October, 2012. ‘This letter constitutes a FINAL NOTICE OF DEMAND to Pay the outstanding sum of USD 300,000 (Three hundred thousand Dollars) and N15m (Fifteen million Naira) immediately as outlined in your personal guarantee. ‘Should you fail to perform according to the executed Personal Guarantee within seven (7) days of receipt of this letter we shall not hesitate to exercise the legal rights and remedies available to Mindhub without further notice to you, to compel performance of the Guarantee in accordance with its terms. Further note that should we decide to exercise any of the company’s rights and remedies under the guarantee, all costs and expenses shall be fully borne by you.’

D’banj three months absence which he spent in the United States, made it impossible for him to be served the court papers but reports making the rounds reveal that the court papers suing him for alleged issuance of dud cheques might have been pasted on the wall of his residence located at Osaro Isokpan Street in Lekki Phase 1, Lagos by now as his creditors now see him as trying to frustrate the process of being served the court papers. The claimant, Henry Ojogho is represented by a Benin, Edo State-based law firm, D.U.ODIGIE & CO and sources say the legal fireworks will start soon if D’banj refuses to act accordingly.

Source: NET