Nedu Breaks Silence on Fraud Allegations and Podcast Controversy

Popular on-air personality and host of The Honest Bunch Podcast, Nedu, has responded to recent controversies and fraud allegations, firmly denying all accusations leveled against him.

The media personality came under scrutiny following an interview with comedian Dee One, which sparked backlash online. Addressing the situation during a media parley, Nedu dismissed the claims as false and baseless.

Clarifying His Stance

Speaking on his association with social media commentator Verydarkblackman, Nedu stated that they are merely acquaintances, not close friends.

Additionally, he denied fraud allegations, explaining that last-minute sponsorship withdrawals led to financial adjustments for an event under his scholarship foundation initiative.

“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,” Nedu stated.

Financial Transparency Statement

Sarah William Konha, COO of Talking Drum Management, also debunked the fraud claims, emphasizing that Nedu never received any donations into his personal account.

She explained that an alternative Moniepoint account was used strictly for settling outstanding event payments after sponsors backed out.

“The account used was a Moniepoint account opened under Nedu’s scholarship foundation initiative, separate from Nedu as an individual. Due to sponsors abandoning us midway, we had outstanding responsibilities, including payments to the event planner. That day, we collected donations totaling ₦4.1 million. Out of this, ₦4 million was paid to the event planner, while ₦100,000 was given to artistes who performed. At no point did Mr. Nedu receive any money personally into his account.”

Nedu’s statement comes amid heated debates online over podcast ethics and media responsibility, as he continues to emphasize his commitment to professionalism and transparency.

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