D'banj is owing them the sum of $240,000 and another N15,000,000,
which the artiste has not denied but issued them post-dated cheques
which were bounced back.
MindHub Technologies who now speak with D'banj through their lawyers
after all efforts made by them for him to pay proved abortive said
D'banj has only deemed it fit since last year to pay only N8,600,000
out of the N15,000,000 and has not paid a single penny from the
$240,000.
"We act as Solicitors to MINDHUB TECHNOLOGIES LTD (hereinafter called
"OUR CLIENT"), and on whose instruction we write you this letter in
the manner stated hereunder.
It is our brief that sometime in January 2013 in Lagos, you signed a
Personal Guarantee/Memorandum of Undertaking with our client wherein
you agreed/undertook to pay our client the investment fund of
N100,000,000.00k (One Hundred Million Naira Only) given to D KINGS
MEDIA LIMITED by our client, should the latter default in payment of
the debt. The said debt is made up of Nigerian and United States of
America's currencies,"the letter addressed to him stated.
The case is already in a Lagos high court and due for hearing, why it
has been almost impossible for months now to serve D'banj, because he
has been outside the country, while some however claim the major
reason D'banj has been in the US is because he does not want to be
served.
--GistReel
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