Prominent Nigerian filmmaker Kunle Afolayan has distanced himself from reports alleging he was summoned to court over an unpaid N5 billion loan from First Bank.
According to the viral report, the filmmaker had in 2022 to produce his epic movie ‘Anikulapo,’ and that he had only repaid half of the amount after Netflix acquired the film.
... also claimed that the bank had obtained a court order and that the director would soon appear before a judge, citing an unnamed close associate.
“Kunle Afolayan has allegedly received a court Summons from First Bank for failing to repay a 5 billion naira loan he borrowed from the Bank to fund his Anikulapo Movie. According to the report, First Bank has taken legal action against Kunle Afolayan, who borrowed 5 billion naira to produce his movie titled “Anikulapo” in 2022, & He Signed an agreement to pay back the loan in less than 3 years,” the post reads.
“However, it was reported that Kunle only paid half of the loan after Netflix purchased the movie, and ever since then, they have not heard from him, and he has been unreachable. The report claimed that the court summons had been issued and that Kunle would be in court soon. This was revealed by one of his close associates some days back.”
Reacting to the report on Friday, Afolayan, in a brief statement, dismissed the allegations without offering further details.
“It’s fake news,” he said.
‘Anikulapo: The Ghoul Awakens,’ the sequel to Anikulapo, the 2022 award-winning film, premiered on Netflix on January 30. The project is a five-part mini-series.