Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

D'banj Lawyers Fail To Clear His Name From N100 Million Debt Mess

On friday, December 9, a Lagos state high court moved the case between MindHub Technologies and Nigerian music star D’banj to Alternative Dispute Resolution (ADR) over a 100 million naira debt allegation.

The High Court of Lagos State, Ikeja Division, presided over by Justice Oyebanji, ruled that the case between the Nigerian singer and MindHub be moved to the dispute resolution platform where the two parties would try to settle the dispute by negotiation, mediation or other related means.

On November 16, 2016, D’banj was charged to court by the technology company for failing to pay over N100 million naira for the promotion of a concert organised by his media house, D’Kings Men Media LTD.

Documents released to press on the same date revealed that D’banj signed a memorandum of understanding with the technology company on October 19, 2012, and would be liable for the payment of the sums of money in the event of D’Kings Media failure to pay.

At the hearing on friday, D’banj’s lawyer asked the court to strike out his name from the suit, dismiss the suit or stay proceedings. The court, upon reading the facts of the case, ruled that there was a reasonable cause of action.

The judge also ruled that D’banj, could not be struck out of the suit as he had become involved personally when he signed a memorandum of understanding agreeing to re-pay the contract fee in case of any disputes or failure to fulfil the terms.

Days after the allegations, D’banj took to Twitter to slam reports that he was owing a 100 million.

According to him, “We did not borrow any money. The instigator of this is trying to eat his cake and have it.“ He also accused various media platforms of collecting a bribe to publish the ‘libellous’ article.


This post first appeared on TrendyRammy, please read the originial post: here

Share the post

D'banj Lawyers Fail To Clear His Name From N100 Million Debt Mess

×

Subscribe to Trendyrammy

Get updates delivered right to your inbox!

Thank you for your subscription

×