Akon has accused his former business partner Devyne Stephens of trying to freeze his New York assets out of spite.
Last month, Stephens filed the lawsuit to have some of the rapper’s assets stolen, but in court documents obtained by Page Six, Akon’s attorneys say he is only trying to “damage Akon’s reputation out of spite, while he is engaged in some of the most consequential and ambitious projects of his entrepreneurial career.”
Stephens filed a lawsuit against Akon, saying he screwed him out of $750,000 from a 2018 settlement agreement and $3 million in royalties.
AKON TALKS TEKASHI 6IX9INE
Stephens has previously worked with Destiny’s Child, Usher, Jay-Z, Toni Braxton and TLC. He says he was supposed to receive $3.25 million over four years and Akon did not pay the final installment of $750,000.
Stephens says Akon spent “the better part of a decade” trying to avoid paying him his money. “Akon has spent the better part of a decade frustrating Stephens’ attempts to obtain large amounts of money which Akon unambiguously promised in contracts to pay Stephens,” court docs state.