This time, the popular singer allegedly issued a dud cheque to an auto dealer for the purpose of paying the sum of N7.4million as a balance for a Mercedes-Benz GLE 450 he purchased.
Documents exclusively obtained by SaharaReporters showed that the auto dealer, Mr. Anekwu Chika Valentine of Prestige Autonet Limited, has already contracted a Lagos-law firm to assist him to recover the debt.
A letter of instruction addressed to the law firm of W.K Shittu and Co., stated that the law firm will take 10 per cent of the sum owed by Davido if it is recovered.
Documents exclusively obtained by SaharaReporters showed that the auto dealer, Mr. Anekwu Chika Valentine of Prestige Autonet Limited, has already contracted a Lagos-law firm to assist him to recover the debt.
A letter of instruction addressed to the law firm of W.K Shittu and Co., stated that the law firm will take 10 per cent of the sum owed by Davido if it is recovered.
On February 10, Davido issued two Zenith Bank (account number 100424****) cheques of N10million and N1.4million respectively. However, the latter, which apparently was to pay a part of the N7.4million was not honored by Zenith Bank, where the auto dealer is also a customer.
Allegations first published on Sahara Reporters
Allegations first published on Sahara Reporters
There might be an error somewhere na
ReplyDelete#TaatyBillion for my accant
Hahaha,@Beloved u are sarcastic.
DeleteSee ugly handwriting
DeleteDAR(drawer attention is required)was written on the cheque,it could simply means his signature is not regular or there's an instruction on the account. No banker will say there is no money in an account.
DeleteYou are definitely not in the banking industry or just starting out. DAR is a subtle way of saying account is not funded as at when the cheque was presented. A lot of factors could be responsible for this. He might have a fixed deposit that was not dropped into the account as instructed due to negligence or incompetence by the account or officer.It could also be a system glitch or an inflow from another bank account meant to cover the shortfall not hitting the account early enough before the particular clearing session or when the cheque was presented.I think the payee is an alarmist,if the one for 10M could fly then the 1.4M shouldn't be an issue except the drawer has been evasive to his calls or other form of contact.
DeleteIt isn't always rosy😔
ReplyDeleteJust negodu. It might be a mix-up and the dealer has rushed to make a case. Because I didn't read where Davido was contacted and he refused to pay
ReplyDeleteAbi o
DeleteAs in ehhh
DeleteExactly. People are too hasty to put others down. It's 1.4m that will now be Davidos problem?
DeleteI wonder too. Why rush to the media? Could be an error that wasn't intended na
Deletelet me see if I understand this English well. 10million was honored while 1.4million dishonored. shey the guy no try reach. abey make them free the guy joor.
ReplyDeleteYou have spoken well.
DeleteIf he can pay 10m then he can pay the 1m. The dealer is just trying to blackmail him
DeleteExactly
DeleteBut they're saying he owes 7. 4million, only paid 1.4million out of it and been the that bounced. If I'm reading this correctly. For example, let's say somebody owes you $7000, he says "sorry I can only pay $1000 for now but will definitely pay the rest later". Only for even that $1000 to bounce, when he still owes you 5x more than that. Not just that but you also find out that he paid somebody else $10000 on the same day. Because the post says davido issued 2 checks and the one that for this dealer was the one that didnt clear, they didn't say that both checks were for the same person. Also we don't know what else transpired. I thought the dealer is a little too hasty and impatient for doing this after just one bounced check but then, I don't know if he's tried to reach davido and I don't know what the content of their conversations were that made the man not only go public but enlisted the help of a lawyer.
DeleteThis cannot be Davido omobaba olowo
ReplyDeleteLol
DeleteThe signature is all I see... Funny!
ReplyDeleteSahara desert don start again
ReplyDeleteNot new na. All these big men can sabi f up like this atimes. So this small boy haff joined the movement too? Issorai!
ReplyDeleteThey should check very well. We are talking about omo baba olowo here o
ReplyDeleteNa lie joor. 👎👎👎👎👎👎
ReplyDeleteSahara reporters unu wehdone.
Omo baba olowo? Something must be wrong.
ReplyDeleteSee gobe
ReplyDeleteWith 30billion, 7m cannot be his problem...
ReplyDeleteLol... Gobe
ReplyDeleteThis is a lie. How can someone with#30billion in his account give dude cheque.......there's a miss up......
ReplyDeleteBankers are really trying o,all the way from Lawanson branch of Zenith to lekki.You might be tempted to say his branch will be the Admiralty branch.This must be a serious marketing effort or some strong connection by the account officer to the entertainment industry.I am most certain he has never been to that branch or that part of Lagos.
ReplyDeleteYou cracked me up, your last sentence ������
Delete