Popular Filmmaker Kunle Afolayan Cries Out Over Huge Debts He Owes Bank Of Industry
| || |
October 30, 2016 ( Post 1 )
Popular filmmaker, Kunle Afolayan in a chat with LIB, revealed that his recent film The CEO cost him several millions of Naira, in which he had to take a bank loan from The Bank of Industry and since he hasn’t recouped the money, he doesn’t know how he is going to pay back.
“It costs a fortune; we are talking hundreds of millions of naira. We haven’t recouped the money and am not sure I will recoup that money ‘cos now the economy is bad and I have said this several times and there is really no point saying it again; but part of the funding for CEO, we got from Bank OF Industry (BOI) and that money needs to be paid back, I think I even have about maybe eight months left to pay back and it’s a bit scary, because I don’t know how I am going to pay it. But I want to believe that somehow, it will get paid.”
Explaining how the cinemas can help ease his debts, Kunle said;
“The success of a film is not determined by the number of publicity given to it, or on whether the film is great or not, no; a lot of the factor boils on, how the film is been presented, by the cinemas.
Share it Let Friends Know
Make A Reply Below!