From a relatively unknown UK-based artiste, Dapo Daniel Oyebanjo, D’Banj has become one of the biggest musicians in Africa over the last decade. Widely known as the Kokomaster, D’banj has several local and international awards and endorsement deals to his name today.
However, the pop star seems to be going through an unpleasant period in his career as some people who claim to be owed by D’banj are threatening a legal action against him.
According to NET investigations, the issuance of dud cheques and non-payment of accrued debts top the list of infractions against the DB Records boss who now calls himself Bangalee.
As things stand, D’banj may be dragged to court by a top oil and gas industry player, Henry Ojogho, Vice Chairman of Broron Group. Ojogho, who is also the Vice Chairman of MindHub Tehnologies, an integrated Rice farming and milling production company, alleges that D’banj, through his company, DKM Media Limited, obtained a loan of over N60m from him in January 2013 and has not paid back the said sum despite signing an undertaking to do so.
In addition, the man is claiming 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.
Further investigations by NET revealed that Henry Ojogho is not the only wealthy man claiming D’banj owes him in recent times. There are a number of others, according to sources. So bad is the situation that an industry source who pleaded anonymity, chides the ‘Igwe’ singer thus: ‘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.’
However, the pop star seems to be going through an unpleasant period in his career as some people who claim to be owed by D’banj are threatening a legal action against him.
According to NET investigations, the issuance of dud cheques and non-payment of accrued debts top the list of infractions against the DB Records boss who now calls himself Bangalee.
As things stand, D’banj may be dragged to court by a top oil and gas industry player, Henry Ojogho, Vice Chairman of Broron Group. Ojogho, who is also the Vice Chairman of MindHub Tehnologies, an integrated Rice farming and milling production company, alleges that D’banj, through his company, DKM Media Limited, obtained a loan of over N60m from him in January 2013 and has not paid back the said sum despite signing an undertaking to do so.
In addition, the man is claiming 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.
Further investigations by NET revealed that Henry Ojogho is not the only wealthy man claiming D’banj owes him in recent times. There are a number of others, according to sources. So bad is the situation that an industry source who pleaded anonymity, chides the ‘Igwe’ singer thus: ‘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.’
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