Dbanj to appear in courth at January 2015

(It would be recalled that NET exclusively reported
D’banj’s debt saga involving Henry Ojogho, Vice
Chairman of Broron Group. Photo: Filed)
A Lagos State Chief Judge has signed an order that
the Writ of Summons be pasted on the wall of
Dapo Oyebanjo a.k.a D’banj’s residence in Lekki,
Lagos as the saga over his alleged debt issues seem
to be heading towards a legal showdown.
This is contrary to prior reports making rounds
that the artiste had tried to apologise to his
creditors and settle out of court.
What this implies therefore is that once the writ of
summons is posted, the case becomes a public case
and further investigations by NET reveal that the
case will formally commence hearing in Lagos on
January 25, 2015 at the Multi-door Courthouse,
Obalende, Lagos.
You may recall that D’banj’s debt saga was
revealed recently when NET broke the news of his
multiple debt mess and also reported that he 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
Technologies, an integrated Rice farming and
milling production company, alleged 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.
Since the news broke three weeks ago, D’banj, who
had just returned to the country on Wednesday,
November 12, 2014 after spending about 3 months
in the United States of America, has refused to
make any comment on the issue.
His only response or reaction so far was a tweet on
his social media account, which reads: ‘Silence, my
response to the false rumors.’
All efforts to get D’banj to comment so far have
been futile. He has been very evasive ever since
the news broke, so much so that even when you
run into him at events, he simply refuses to grant
any interviews and makes absolutely no comments.
Before the case was taken to court, D’banj was
served a warning letter by Henry Ojogho dated
September 13, 2013, with the letter stating:
‘The above subject matter, our several mails,
telephone conversations and meetings between you
and our Vice Chairman refer.
Recall that you agreed to act as a guarantor for the
payments owed to Mindhub by D Kings Men Media
Limited (the company) on account of investment
made by Mindhub to the company as contained in
the Memorandum of Understanding dated 19th of
October, 2012.
This letter constitutes a FINAL NOTICE OF DEMAND
to pay the outstanding sum of USD 300,000 (Three
hundred thousand Dollars) and N15m (Fifteen
million Naira) immediately as outlined in your
personal guarantee.
Should you fail to perform according to the
executed personal guarantee within seven (7) days
of receipt of this letter we shall not hesitate to
exercise the legal rights and remedies available to
Mindhub without further notice to you, to compel
performance of the Guarantee in accordance with
its terms. Further note that should we decide to
exercise any of the company’s rights and remedies
under the guarantee, all costs and expenses shall
be fully borne by you.’
Since his return to the country mid-November,
D’banj who recently became the first African
ambassador for BeatsByDre has been part of
virtually every major event in the country. He was
the special guest at the special event where
Oritsefemi’s new record label presented him with a
new Range Rover Evogue.
He performed at the 2014 edition of DJ Jimmy Jatt’s
Jump Off and also performed at the grand finale of
the recently-concluded Big Brother Hotshots in
South Africa.