D'Banj Dragged To Lagos Court Over Debt

A Technology company, named MindHub Technologies has accused D’banj of owing them the sum of $240,000 and another N15,000,000. The artiste has not denied but issued them post-dated cheques which were bounced back.

MindHub Technologies who now speak 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 any sum from the $240,000.

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“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.

It is reported that case is already in a Lagos high court as bothe parties no communicate through their respective lawyer.