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Nedu Denies Fraud Allegations, Distances Himself from Verydarkblackman

Popular on-air personality and host of The Honest Bunch Podcast, Nedu, has firmly denied allegations of fraud circulating online. Addressing the controversy in a media parley, he described the claims against him as baseless and entirely false.

Nedu has been scrutinized following an interview with comedian Dee One on his podcast. Some critics accused him of financial misconduct, but he clarified that last-minute sponsorship withdrawals led to necessary financial adjustments, not fraud.

Addressing his association with social media commentator Verydarkblackman (VDM), Nedu emphasized that they are merely acquaintances, not close friends, contrary to public speculation.

“You cannot use my relationship with you to force me to shut down whatever any guest is saying on the show—that is also not professional. Everyone has a right to air their opinion when they come on the show, which is why there is a disclaimer at the beginning stating that all opinions are those of the guests. A lot has been said, but I do not want to engage in petty exchanges because that has never been my style,” he stated.

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Sarah William Konha, Chief Operating Officer of Talking Drum Management, also defended Nedu, debunking fraud claims. She explained that no money was deposited into his account. Instead, an alternative Moniepoint account was used under his scholarship foundation initiative to settle outstanding event expenses.

“The account used was a Moniepoint account, opened under Nedu’s scholarship foundation initiative because the initiative was separate from Nedu as an individual. Due to the fallout with sponsors abandoning us midway, we had outstanding responsibilities, including payments to the event planner. That day, we collected donations into that account, raising N4.1 million. ₦4 million was paid to the event planner, while N100,000 was given to artists who performed, as we had to cancel performances by top artists we initially invited. At no point did Mr. Nedu receive any money personally into his account,” she clarified.

Nedu’s response has sparked further debate online, with some fans rallying behind him while others remain skeptical. However, he remains resolute in defending his integrity, stating that he will not engage in unnecessary back-and-forths.

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