Magikal Entertainment Set To Take CocoIce To Court Over Unpaid Debts

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As CocoIce preps the video for her fresh single ‘Mr. Player’ and the release of ‘If I Hear [Freestyle]’; Magikal Entertainment management has decided to take legal actions against her, whom they parted ways with few weeks back.

The management reveals that the sultry artiste is yet to reimburse a tarrying debt running into several millions of Naira the artiste is owing the management company.

Her lackadaisical approach to the endless but futile request to pay up the money owed has made the management to take legal actions.

According to Biodun Caston-Dada, the management CEO,

We have sent her several e-mails, requesting for the payment of the debt since she had signed up with a record label over 4 months ago, but she had been ignoring our mails and NEVER replied any, this her nonchalant attitude is leaving us with no other option but to take a legal action for us to be able to recoup our investment made on her and the money she’s owing us. We have a duly signed agreement by her that she is owning Magikal and we are set to recoup the money through a legal means,

The management company further stated that the money in argument were spent on her songs and music video productions, welfare as well as many other promotional items while she was still with the company.

The company said that they’ve tried all within their power to resolve the issue amicably out of court but the rap artiste is not yielding on her part or show any concern to pay up the said money.

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