Davido Threatens To Speak Out The Names Of His Debtors

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This comes after news broke that he has been dragged to court by the Lagos State government for tax related issues Days after being accused of evading tax, Nigerian singer, Davido has threatened to publish the names of his debtors, as he calls for the release of his imprisoned crew member, Kayode He wrote on Snapchat; “Putting out a list of people owing me in this Lagos very soon.. some think dem dey government ok na we go see where d post go take u !! SCAMMER!! plenty talk no dey full basket! If you don’t pay me by today I’m releasing ur name to the public” Recall that the Lagos State Government has begun moves to tackle high-profile tax defaulters in the state and ensure high level of compliance with its tax laws. 

 As part of this initiative, the state government has moved against some celebrities in the state, who are alleged to be tax evaders despite their earnings from their business. A court paper, sighted on Saturday, indicated that the state government had dragged sensational singer, David Adedeji Adeleke, popularly known as Davido, before the court for alleged tax evasion. Davido, the Chief Executive Officer of HKN Music, Lagos, has been charged before a Lagos High Court in July 2017 and risk a jail term if convicted.

“Notable among these alleged tax offenders are two of Nigeria’s celebrated artistes –Davido and AY, the comedian. Both artistes have had a long standing battle with the Lagos Internal Revenue Service for tax evasion. “Davido, who has record deals with Sony Music Entertainment and endorsement agreements with various companies in Nigeria, has not filed his tax returns or remit any taxes to the Lagos State Government,” a source said. The Manager of Davido, Asa Asika, who asked to be sent a text message concerning the singer’s suit with the state government on alleged tax evasion, had yet to respond to the text as of the time.