D’Banj in Unpaid Debts Controversy

If information available to Society Happenings is anything to go by, then, award-wining musician, D’ Banj, will need more than a prayer to take him out of this mess he is currently enmeshed in.
It was learnt that the talented singer is allegedly owing a technology company, MindHub Technologies, the sum of  $240,000 and another N15,000,000.
The company claimed that D’banj had not denied the debts and that he had once issued the management post-dated cheques. They, however, claimed that the cheques were not honoured, as they were discovered to be dud.

MindHub Technologies further revealed that they had so far been speaking with D’banj through their lawyers.
According to them, since the case started last year, D’banj has only paid the sum of N8, 600,000 out of the N15, 000,000. They further alleged that he had not paid a kobo from the $240,000.
The letter addressed to Dbanj from the company’s lawyers states in parts:
“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.”
Already, the case is before a Lagos high court and due for hearing. But it has been almost impossible for months now to serve D’banj because he has been outside the country.


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