Tuesday, 22 November 2016

Dbanj opens up on alleged #100 million debt



Dbanj has denied that he was sued for N100m by Mindhub.

It was initially reported that D’banj reportedly signed an MOU with MindHub on October 19, 2012, for the promotion of a concert organised by his media house, D’Kings Men Media LTD.

MindHub said it invested the sum of $500,000 and N20 Million for the organisation of this concert.

D’banj however took to Twitter on Sunday, November 20, 2016, saying,

“Silence is Golden. And you all know I don’t talk. However in this case I will,” he wrote before proceeding to deny the allegations.

“Is it poverty of content or state of the economy that led you (Pulse) to publish untrue stories about me without confirming from myself and team.”

Now, the singer was a guest on SoundCity 98.5 where he shed more light on the story.

According to him,

“We did not borrow any money. The instigator of this is trying to eat his cake and have it.”

“Since it’s in court I’m not going to comment.”

The alleged case is currently before Justice Oyebanjo of the High Court of Lagos State, Ikeja Division and would be due for hearing on December 9, 2016.

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