DBanj In Deep Financial Mess

There are rumours around that Nigeria music sensation, Dbanj aka Kokomaster is in a deep financial mess over a loan he obtained.

According to YES! Magazine, 

"These are really trying times for pop star, Oladapo Oyebanjo, aka D’banj, as he fights to save his name and career from going down. The Kokomaster, as he is fondly called, is in the midst of alleged multiple debt scandals. Warning letters and court papers may be sent to him this week. D’banj is said to have been involved in the issuance of dud cheques and non-payment of accrued debts. Oil and gas industry player, Henry Ojogho, Vice Chairman of Broron Group, 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. Ojogho is claiming that the entertainer has issued two dud 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’s accounts were not funded enough. D’banj, who had been out of the country, returned on Wednesday, November 12, 2014, after spending 3 months in the United States. Investigations revealed that his absence had made it impossible for him to be served the court papers previously. The claimant, Henry Ojogho, is being represented by a Benin, Edo State-based law firm, D.U.ODIGIE & CO and sources say the legal fireworks will start soon. Things will also get messier in the coming days."

*Hoping DBanj would sort this out ASAP!