The reports on Dbanj being cash-strapped keeps persisting. Here is another new report by Encomium magazine
IT has again emerged that pop star, D’Banj is
allegedly broke. ENCOMIUM Weekly’s highly
reliable sources have confirmed, claiming that
the A-list artiste now finds it difficult to pay his
staff. We were told that some of his personal
staffers are grumbling over unpaid salaries even
as many have called it quits with his team.
“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Moses have already been withdrawn from his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 of
investments 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.
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