The details are contained in a police statement Sowetan has obtained in a case of fraud opened by his business partner Gregory Wings at Sandton police station.
Nwachukwu was in charge of organising the Burna Boy concert which was supposed to take place this Saturday at FNB stadium, but due to pending legal proceedings the event has been postponed to December 16.
Asked if the concert was cancelled due to low ticket sales, Ternary Media Group spokesperson Kymoni Jackson responded that the reason for the cancellation was the alleged R10m theft.
“We are willing to refund people, however tickets are still valid for the next show.
“Burna Boy was very excited to come [to SA] but we had to deal with this internal issue [first] ... " said Jackson, adding that Burna Boy was looking forward to performing in December.
Burna Boy concert cancelled over R10m fraud allegation
Image: Jamie McCarthy/Getty images
A fraud case led to megastar Burna Boy's Johannesburg concert being cancelled.
Sowetan has exclusively learnt that Sedote Nwachukwu, who is CEO of prominent entertainment company Ternary Media Group, the organisers of the show, is accused of stealing R10m from the company.
The details are contained in a police statement Sowetan has obtained in a case of fraud opened by his business partner Gregory Wings at Sandton police station.
Nwachukwu was in charge of organising the Burna Boy concert which was supposed to take place this Saturday at FNB stadium, but due to pending legal proceedings the event has been postponed to December 16.
Asked if the concert was cancelled due to low ticket sales, Ternary Media Group spokesperson Kymoni Jackson responded that the reason for the cancellation was the alleged R10m theft.
“We are willing to refund people, however tickets are still valid for the next show.
“Burna Boy was very excited to come [to SA] but we had to deal with this internal issue [first] ... " said Jackson, adding that Burna Boy was looking forward to performing in December.
SowetanLIVE
READ MORE:
Ten years on, the DStv Delicious food & music fest is back with a roar
Tems, Wizkid, Burna Boy, Ozwald Boateng and more stars stun at London Fashion Week
Doja Cat nearly naked at MTV VMAs, Rema and Selena Gomez win first Afrobeats award
All the deets — Here’s who is in the spotlight at tonight’s MTV Video Music Awards
AKA & K.O make Mzansi proud with BET Hip-Hop Awards nominations
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Most read
Latest Videos