The label who made a statement on their Instagram page accused the DMW boss of failing to keep his end of the bargain after being paid N4 million in full.
They further explained that Davido was paid since January, 2019, to feature on a song with their artiste Tejiri Ochuko Ibhihwiori also known as TJay but Davido has neither featured on the song nor refunded the record label.
Their statement reads:-
“This is to officially notify the public that we the management of A.O.C (Always on Cash) Record Label are totally displeased with the dubious acts of David Adedeji Adeleke popularly known as DAVIDO (@davidoofficial) over unfulfilled 4million Naira song featuring contract with our artist Tejiri Ochuko Ibhihwiori ‘’TJay’’.
“Four Million Naira payment made in FULL and DAVIDO did not fulfill the contract since January 2019, neither was any attempt for refund made.
“The matter was reported to the police when several attempts to reach his management failed. It was presented for hearing in court for 3 consecutive times and neither he or any representative from his management appeared before the court to state their claims.
“We are hereby pleading that he or his management appears before the court on the next hearing set for 23rd August 2019 so that the matter can be settled amicably by law as all we want is the refund of the 4 million naira paid for the unfulfilled contract.”
Davido is yet to respond to the fraud allegations as at the time of this report.