Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,201,840 members, 7,979,964 topics. Date: Saturday, 19 October 2024 at 09:26 PM |
Nairaland Forum / Entertainment / Celebrities / Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal (53377 Views)
D'banj's Fresh New Look After Debt Scandal (photos) / Meet Kokomaster Dbanj’s Girlfriend Jennifer (PHOTO) / Is D'banj Dating Adama Indimi? (2) (3) (4)
(1) (2) (3) (4) (5) (6) (7) (8) (9) (Reply) (Go Down)
Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by Ishilove: 6:01am On Nov 25, 2014 |
It appears super star, D’banj is having financial challenges as available report shows he has been hit with a $240,000 debt scandal. A technology company, MindHub Technologies, headed by a top oil and gas industry player, Henry Ojogho, is claiming that the kokomaster, D’banj is owing the company the sum of $240,000 and another N15, 000,000. According to the MindHub Technologies, D’banj, through his company, DKM Media Limited, obtained a loan of over N60m 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’ accounts were not funded enough. According to documents obtained by NET, a firm of attorneys, D.U.ODIGIE & CO acting on behalf of Henry Ojogho, in a letter addressed to D’Banj, wrote: '‘Following the default by D KINGS MEDIA LIMITED to pay the debt to our client, and pursuant to the aforementioned personal Guarantee/Memorandum of Undertaking, you issued two post-dated cheques; one for the sum of $240,000 (Two Hundred and Forty Thousand United States Dollars Only) dated 20/12/2013, and the other for the sum of N15,000,000 (Fifteen Million Naira Only) dated 20/1/2014. Both cheques were returned unpaid on presentation by our client. We are further informed that although you thereafter paid the sum of N8, 600,00.00K (Eight Million, Six Hundred Thousand Naira Only) out of the N15,000,000,00k (Fifteen Million Naira Only) (in) Cheque, leaving a balance sum of N6,400.000.00k (Six Million, Four Hundred Thousand Naira Only), you have failed, neglected or refused to redeem the entire or any part of the $240,000.00 (Two Hundred and Forty Thousand United State Dollars) cheque.'’ It has further been revealed that Henry Ojogho is not the only wealthy man claiming D’banj owes him in recent times. There are a number of others. '‘Using the sympathy and naivety of unsuspecting investors coming into the game to dupe them is criminal and absolutely destroying the image of the industry at large, because in the long run, it affects and corrupts the judgment of genuine investors who would pull out for fear of being duped,'’ a source told NET. Below is are a number of names he allegedly owes, according to sources: WALTER WAGBATSOMA (200,000 Pounds): Mr Walter is a billionaire with investments in major areas, ranging from oil and gas to real estate, banking, equities and even insurance. He is the founder and executive Vice Chairman of Ontario Oil and he’s one of the first men who were said to have handed money to D’banj, with a whopping sum of 200,000 Pounds said to be involved. PRINCE D. OKONKWO ($200,000): He’s the chairman, Board of Directors of Tetrazini Group of Companies and he is said to have given about $200,000 to D’banj in the name of investing in entertainment. When the issue with Prince Okonkwo got out of hand, D’banj was said to have sought help from Dapo Abiodun, boss of Heyden Oil and Gas who helped him take care of the debt through a repayment plan. Source:http://dailypost.ng/2014/11/24/dbanj-hit-messy-debt-scandal/ 4 Likes 3 Shares |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by fortunes0215(m): 6:13am On Nov 25, 2014 |
Yeeeee... I made it. Can't believe it. Now I knw how this ftc thing feels. Sorry Thayor and Olamide997. 21 Likes |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by Nobody: 6:13am On Nov 25, 2014 |
He will definitely settle the debt cos he was just signed by Dr dre as beats ambassador to Africa. So Good luck Dbanj-money is coming 35 Likes 2 Shares |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by ggrin(f): 6:13am On Nov 25, 2014 |
1 Like 1 Share |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by mailadedamola(m): 6:13am On Nov 25, 2014 |
Ask google! 3 Likes 2 Shares |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by QMark: 6:13am On Nov 25, 2014 |
Being a celebrity opens u up. Who cares about my bounced cheque? Ishilove: This typo is too expensive to make o. Especially when it has to do with money....it is not called typo, it is called FRAUD. Either the OP or his source (dailypost.ng) should be jailed. $240,000,000 is a crazy N40,800,000,000. If D'Banj can write that in a cheque, I'd become a better D'Banj tomorrow (and I mean 26th of November). 47 Likes 3 Shares |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by ozo13(m): 6:14am On Nov 25, 2014 |
Ishilove: |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by Damalex4luv(m): 6:14am On Nov 25, 2014 |
Story for the Gods... Meself broke currently so no be only D'banj @ Op. God will provide for both of us. Thanks for the likes ooooo, but on a more serious note if D'banj is really broke can he be more broke than me presently... answer me @ Op. So ko kan aye 125 Likes 3 Shares |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by Bsc(m): 6:14am On Nov 25, 2014 |
Do u knw he's account number? 9 Likes 2 Shares |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by Nobody: 6:14am On Nov 25, 2014 |
I never saw any Kokomobile phone, Koko water bottle or Koko Garri pack yet all these products were launched. I dunno what has become of Koko lounge and that Koko reality show was a clownish affair. Classic example of a Jack of all trades and master of nothing. All the borrow borrow to open useless businesses has just landed on his skull gbagam! 125 Likes 2 Shares |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by anssy(f): 6:14am On Nov 25, 2014 |
incase |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by fitzmayowa: 6:15am On Nov 25, 2014 |
Yorubas don talk am finish "Alejo lowo" Meanin: Money na visitor, if you no spend am well before your eye clear he don leave you go... If the news is anything to go by, I wish d'banj quick debt recovery... 42 Likes 2 Shares |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by tyconcepts(f): 6:15am On Nov 25, 2014 |
A cheque bounced so?? These kinda pressure is why our celebrities are forced to live fake lives. 11 Likes 3 Shares |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by MuguliciousMUGU: 6:15am On Nov 25, 2014 |
He should enter into politics so that he can get the money to pay them back. Upon forbes named him as the 3rd richest musician in africa?.... Is forbes trying to scam us? 62 Likes |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by Nobody: 6:15am On Nov 25, 2014 |
Ghen ghen. I really love d'banj #Nohomo. Please let's donate to help him. Account number for Save D'banj will be posted here later. Watch out!!! 19 Likes |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by mrofficial(m): 6:16am On Nov 25, 2014 |
I find it hard to believe. There might be misunderstanding between them. Well, election time is here, D'banj should holla Jonathan. 6 Likes 1 Share |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by Parasitic(m): 6:16am On Nov 25, 2014 |
Don jazzy gona be at his crib having a good laugh, dbanj and wande coal are nothing except don jazzy. Jazzy raise them up as stars but they choose to go solo. I sorry for them bunch of cowards and ingrates. On the other side jazzy is waxing stronger on mavin's record. 50 Likes 4 Shares |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by Nobody: 6:16am On Nov 25, 2014 |
Don jazzy comes to mind :PDon jazzy comes to mind 3 Likes 1 Share |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by devigblegble: 6:16am On Nov 25, 2014 |
Kk |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by clemhova: 6:16am On Nov 25, 2014 |
Hmmmm |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by shaiguy(m): 6:16am On Nov 25, 2014 |
Ok now |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by teaj007(m): 6:17am On Nov 25, 2014 |
iono believe am ....my man dbanj is more than this....FP tinz...ko easy |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by Jhayson(m): 6:17am On Nov 25, 2014 |
evuls.... |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by stabillo(m): 6:17am On Nov 25, 2014 |
He's not , Even Dangote dey owe debt 18 Likes |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by Nobody: 6:17am On Nov 25, 2014 |
Everybody owes debt, either one way or the other.. This shouldn't be a news, they should settle themselves and not crying to our ears.. 9 Likes 1 Share |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by lilprinze: 6:18am On Nov 25, 2014 |
Even dangote owes debt so their is nothing special in him owing debts 4 Likes |
Re: Is D'banj Broke? Kokomaster Hit With Messy Debt Scandal by sirugos(m): 6:18am On Nov 25, 2014 |
Nigeria celebrities singing about money and women. But inside them, they are broke. Nonsense 35 Likes 3 Shares |
(1) (2) (3) (4) (5) (6) (7) (8) (9) (Reply)
Mercy Johnson Returns To Asaba Set After Iyr Vacation In USA(pics) / Anto Wore A "Falling Shoulder"Dress To Bambam's 30th Birthday (photos) / Skales Acquires New House In Lagos (Photo)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 35 |