Sedote Nwachukwu, who was responsible for organising the Johannesburg Burna Boy concert and accused of stealing R10 million from his company, has reportedly fled South Africa, allegedly on the advice of his lawyers.
The former CEO of Ternary Media Group was at OR Tambo International Airport on Thursday afternoon when he shared that he was leaving the country, reports SowetanLIVE.
On Wednesday, Sedote’s business partner Gregory Wings opened a case of fraud against him at the Sandton police station which has been confirmed by Gauteng provincial police spokesperson Brig Brenda Moridili.
According to the above-mentioned publication, Sedote stated, “I’m at the airport now and about to board my flight back to America. I’m leaving because I’ve been advised to do so by my lawyer.”
Sedote also refuted the claims made against him while alleging the following: “The event in total sold almost over 20,000 tickets but Greg took 6,000 of the 11,000 tickets sold by Ticketpro. I am being told that he went around selling and distributing them at nightclubs and campuses. I haven’t seen him since I set foot here in SA over a week ago.”
He continued, “I initially brought Greg on board for this project because I wanted to give him a second chance at life after he served time in prison for fraud. Had I known he would’ve done this to me, I wouldn’t have agreed to do business with him. Greg was in charge of invoices and anything related to the paperwork of the promotion for this concert. I didn’t know he had plans to do this. I am aware of a case being opened because of the fraudulent acts of my business partner Gregory Wings.”
He concluded, “I have been in the US for over 30 days, while he was the liaison between all these different companies on the ground. I trusted him to do the right thing. When I started questioning him about ticket sales and tickets that we picked up and where funds were being diverted he chose to try to blame me. Unfortunately, paperwork always beats allegations.”
Also see: Burna Boy concert officially cancelled over R10m fraud claims
