August 21, (THEWILL) – Olarenwaju Dabiri, also known as Eldee The Don, has been slammed with a N100 billion lawsuit by the chairman of Platform Capital, Akintoye Akindele, for allegedly making defamatory statements about him in an interview.
Eldee The Don had made allegations against the private equity firm’s boss during a podcast with Teju Oyelakin, better known as Teju Babyface, on August 15, 2023.
Writing through his lawyer, Pelumi Olajengbesi, on Friday, it was stated that the rapper said on the podcast that Akindele deceived investors and used their money to fund his luxurious lifestyle.
However, Olajengbesi claimed the allegations are false, untrue, ludicrous, and defamatory.
“It is pertinent to state at this point that our client (Akindele) remains a law-abiding and diligent businessman for many years.
“The act has defamed our client and has also disingenuously subjected him to public ridicule while also relegating his status with business partners, investors, friends, and family who called his attention to the said publication.
“We are equally aware of the fact that some cohorts and power-lodgers have recently recruited you in the ongoing power tussle to wrestle for the management of Duport Midstream Company Limited, a company that our client built painstakingly and meticulously through years of diligence and commitment.
“More disconcerting is your role in this malicious publication being a beneficiary of our client’s generosity during a time of need.
“You may recall our client’s goodwill to you over the years when your dying career needed survival, and our client provided you with a shoulder to lean on.
“Your transformation from a beneficiary to an antagonist only amplifies the gravity of your actions, suggesting ulterior motives driven by a sinister alliance, “the lawyer added.
Olajengbesi stated that Eldee should retract his defamatory comments against Akindele through the same podcast.
The rapper was given 72 hours beginning from Friday to do so or face the wrath of the law.
“An unreserved letter of apology written by you and addressed to our client; admitting the falsity of your publications and apologising for same.
“A sum of N100, 000,000,000.00 (One Hundred Billion Naira) as damages for the injury caused to our client by your defamatory publication”, the letter read.
