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Saturday, 10 December 2016

N100m Law Suit: D’banj Appears In Court Over Debt Mess

A Lagos state high court has moved the case between MindHub Technologies and 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 today, Friday, December 9, 2016, 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, Pulse reported 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.

In a document exclusively released to Pulse on November 16, 2016, it was revealed 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 today, 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.

Recall that D’banj took to Twitter on Sunday, November 20, 2016, to deny 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 Pulse of collecting a bribe to publish the ‘libellous’ article.

Source: Pulseng

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